said by Xela19115:
Wall Street cannot see beyond their next martini let alone a future of broadband. These analysts would love to have a situation where a company does not spend a cent on anything and just milk existing customers. That makes for really good balance sheets and certainly makes these analysts happy.
Moffett favors cable stocks so it is no surprise that he wants telco alternatives to fail. When I had FIOS installed I was told by VZ techs that they have a hard time keeping up with new installs because people dropping cable like a bad dream. Comcast loses hundreds customers per day in Philadelphia area to FIOS. Every house on my block switched. Everyone I know who can get FIOS got it. That speaks for itself. Verizon's cost might be a bit higher now, but they will come down and in a longer run they'd be a far better position for the next-generation communications services.
well, not all analysts are this (I'm trying to be polite) horrible, however, there is a saying:
"In a bull market, who needs analysts, in a bear market, they'll kill you".
He must love his rotary phone.