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russotto

join:2000-10-05
West Orange, NJ

reply to ThrowDemsOut

Re: The real answer is...Yes...and No

Yeah. Comcast isn't making money hand-over-fist. Sure it ain't. Pull the other one, it's got bells on.

They may appear to be getting a poor ROA, but if that's the case, they're probably holding on to a high book value for assets which are about as illiquid as you can get. Heck, they're probably counting the recent copper price increases as enormously increasing the value of their in-ground infrastructure (quite a bit of copper in RG-11), thereby reducing their ROA but not actually costing them money.

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