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Comments on news posted 2009-01-05 17:40:19: Sanford Bernstein analyst Craig Moffett, who has recently shown he's no fan of network upgrades in general and Verizon FiOS specifically, single-handedly sent AT&T and Verizon stocks tumbling today by proclaiming that Wall Street was overestimating t.. ..

page: 1 · 2 · 3 · 4
AuthorAll Replies


SterlingJ85
Obama 2008

join:2000-11-19
Millville, NJ
Am I the only one

Who thinks this guy is a complete idiot?
--
-Sterling


Zen6

@rr.com
vaulations

Valuations based on subscriber increases/decreases have always been the industry's way of hiding their dirty little secrets.


kapil
The Kapil

join:2000-04-26
Chicago, IL

Happy Monday!

Moffett is an idiot.

AT&T is screwed long-term because it's wireline business is dying and it refuses to make the needed investments in fiber. Wireless is what AT&T's future depends on.

VZ, on the other hand is pretty well set long term but may take a few hits from idiotic "analysts" like this moffett fool who can't see past the next dividend check.

I'd go long on VZ. Buy and hold. Short T.
--
»www.Digium.com


pende_tim
Premium
join:2004-01-04
Andover, NJ
Self Fulfilling Prediction

A "wise man" says stock will fall and the lemmings line up and guess what? We made himself a correct prediction.
--
The difference between genius and stupidity is that genius has its limits.

Core0000
Premium
join:2008-05-04
Somerset, KY
reply to kapil
Re: Happy Monday!

I agree. Verizon is in this for the long haul.


SteveCon
IBEW 2222 Boston, MA
Premium
join:2004-09-02
Burlington, MA
reply to SterlingJ85
Re: Am I the only one

+1


Dominokat
"Hi"
Premium
join:2002-08-06
Boothbay, ME
clubs:

1 edit
Bail Out

The Government needs to bail these guys out.

/sarcasm

srobmw

join:2005-10-01
New Windsor, NY
reply to SteveCon
Re: Am I the only one

+2


DrModem
Premium
join:2006-10-19
USA
+3

Nobody's going to give up phone/internet unless they face starvation if they don't.


Alakar
Facts do not cease to exist when ignored

join:2001-03-23
Milwaukee, WI
Duh!

Another financial genius brought to you by the same people that have managed to completely f#@k the economy.

jmmilner

join:2001-11-20
Yorkville, IL

Anybody remember Jack Grubman?

The last time telcos when south in a big way, Mr. Grubman was singing "everything is wonderful" when he knew it wasn't (see »www.sec.gov/news/press/2003-55.htm). Instead of fronting a pump and dump scheme, maybe Mr. Moffett is working the naked short sale side of the street. In any event, history has shown that the experts' ability to move the market far exceeds their insight.


insomniac84

join:2002-01-03
Schererville, IN

reply to kapil
Re: Happy Monday!

Yea, AT&T really doesn't care anymore. My dsl speed dropped to 384k due to line issues and their response was 384k is acceptable. Had no choice but to drop them. Plus it was cheaper to cancel the landline and dsl and bundle the cable internet with cable tv and 12mb is a lot better than 1.5mb.


plusfoor

@sbcglobal.net
reply to DrModem
Re: Am I the only one

+4


anonuser5541

@rr.com
rofllllllll!!!

He, looks like the type of douche bag that would mess up the ecomomy with is appearence sir you are right on this one!"Roflllllllllll"

b10010011
Whats a Posting tag?

join:2004-09-07
Bellingham, WA
reply to SterlingJ85
Re: Am I the only one

Who's the bigger idiot?

This guy?

Or the people who read what he says and dump their stock causing these companies stocks to plummet?


53059959
Temp banned from BBR more then anyone

join:2002-10-02
PwnZone
reply to DrModem
+4

lets keep it going!!!

margaf77

join:2000-12-22
Bayonne, NJ
reply to SterlingJ85
said by SterlingJ85 See Profile :

Who thinks this guy is a complete idiot?
+1


en102
Canadian, eh?

join:2001-01-26
Valencia, CA
·RoadRunner Cable
·DSL EXTREME

reply to DrModem
While I haven't read his report, I can say the following is true:

1. Many may not cancel wireless service, but may adjust their plans (i.e. cut out data or messaging plans, or move to a lower voice plan)
2. POTS lines are overpriced... they are going.
3. TV service (Uverse) and many services are expensive. Many may cut out these services if they deem them unnecessary, or cut the 'fluff' bundle. Eg. I 'can' get OTA of +40 channels here in SoCal, do I need TV from TWC or AT&T? I can get a Internet + VoIP package (or go wireless) and save.
4. Expansion - Wireless is nearing a limit we're nearing 200 million wireless in the US.- and I expect growth of new customers to slow.

I'd give up having a 6-18Mbps to replace with a 1.5-3Mbps if I was to save a few $$ / month.

sykchyld

join:2008-12-26
Syracuse, NY
VZ stock

Pfft this guy is tryin to kill my 401k, Even with the stock slide today tho, the stock for VZ is still doing pretty well all things concidered. I expect for tommrow there to be a decent rebound.

Chaldo

join:2008-03-18
West Bloomfield, MI
reply to 53059959
Re: Am I the only one

+5
Forums » AT&T, Verizon Stocks Tumblepage: 1 · 2 · 3 · 4


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