 MacWin
join:2003-06-26
Imperial, MO | Why is it Why is it all these analysts always look like such douchebags. |
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| Because they think they are smart, even tho they are anything but smart. |
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 Killa200Premium
join:2005-12-02
Southeast TN | reply to MacWin
its comes with the job description. |
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 NY TelPremium
join:2004-04-09
Smithtown, NY
kudos:3
 ·AT&T CallVantage
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said by MacWin:Why is it all these analysts always look like such douchebags.  |
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said by MacWin:Why is it all these analysts always look like such douchebags. Because of a few things.
1. This guy is not out for consumer's best interest. His only concern is for himself first and stockholders second. So what if consumers are getting a good deal, he needs to make money and the only way he can is by knowing how the stock price will do. If he has it, he wants it to go up so it is worth more. If he sells it short, he'll want the stock to go down.
2. Many of these morons want their own "cult of personality" where people will trust everything they say and hang on their every word like the old E.F. Huttun commercials (if any of you remember those.) These guys love to be the center of attention and hate being wrong because they lose face.
Moffet is one who wants to manipulate the market to his own advantage. He is trying to make things happen and that falls dangerously close to market manipulation. |
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RadioDoc58ef2c0Premium,ExMod 2000-03
join:2000-05-11 | Sadly, this site is playing his game. All he wants is exposure and lately he's gotten it in spades here. |
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 fireflierCoffee. . .Need CoffeePremium
join:2001-05-25
Limbo | reply to MacWin
I'm going to take a guess here, but I suspect it may be because they are in fact doucehbags. |
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 shollingPremium
join:2002-02-13
Hemet, CA
kudos:1
 ·Verizon FiOS
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That's because all of their business analysts are geared toward maximizing short term profits at the expense of the long term viability of the company. They see customers as mere pests to be screwed deep and often. That's why WSJ's love of industry "consolidation" (monopolies) - it's the only way that the WSJ business model can work. WSJ's business model requires that the customer have no competitive choices in the market place, and no choice of rejecting the product outright. In other words this guy is a moron and needs to be replaced with someone that isn't a hack before somebody at ATT listens to him and they wind up in the same shape as Chrysler. Idiots!!! 
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"Government is the great fiction, through which everybody endeavors to live at the expense of everybody else."
--FREDERIC BASTIAT-- |
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This guy has his lips wrapped around the cable industry's dick.
He also proclaimed that FiOS would be a failure for Verizon. |
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| said by ravensfan55:This guy has his lips wrapped around the cable industry's dick. He also proclaimed that FiOS would be a failure for Verizon. Not exactly. If you'd like a little more balanced summary of his position, you might check out this link: »bits.blogs.nytimes.com/2008/08/1···de=print
Setting aside for the moment that we'd all like 100/100 connections for $20/month, Moffett's position can be summarized as follows:
- Traditional telephone service is doomed to extinction.
- FiOS is phenomenally expensive [to install and hookup]
- The returns from FiOS aren’t enough to pay for the high costs
- FiOS will be a huge hit with customers
- Verizon won’t go bankrupt, and will even start to look good
He also argues that while uVerse is cheaper, it isn't worth the investment either. Verizon's only rebuttal is that the capital costs of installing FIOS are coming down quicker than Moffett predicts.
Not a lot to argue with there... |
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 N3OGHYo Soy Col. "Bat" GuanoPremium
join:2003-11-11
Philly burbs
kudos:1 | reply to MacWin
Yep, spittin' image  |
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 spewakR.I.P DadkinsPremium
join:2001-08-07
Elk Grove, CA
kudos:1
 ·Clear Wireless
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said by MacWin:Why is it all these analysts always look like such douchebags. Same damn thing I was wondering! Seriously! 
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The weekend is here, grab a can of beer! |
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Even if he didn't say that FiOS would be a total failure, he still discounted it.
FiOS and U-Verse have been putting a dent in cable growth, if the two services were more widely available I'm sure some Cablecos would be hemorrhaging subscribers. |
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| You have to understand how these guys think and who their audience is - they could care less about the technology or consumer demand. To a great extent, they are technology neutral. All he's saying is that if you have one dollar to invest today and you have a choice of Verizon, AT&T or Qwest, you'd earn the least amount with Verizon.
His position is that the cable companies were stupid to invest so much in upgrading their plant to digital, but since they did (water under the bridge), it makes more sense for them to be the last mile pipe that delivers video, voice and internet than it does for someone like Verizon to create another last mile pipe and compete. |
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Reviews:
·Verizon FiOS
 ·Optimum Online
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said by MacWin:Why is it all these analysts always look like such douchebags. BEcause the WSJ is nothing more than a rag for big business types to masturbate to while screwing the consumer. |
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2 edits | reply to travelguy
To a great extent, they are technology neutral. Not really when it comes to Moffett, who tends to be very positioned for or against particular technologies based on what kind and volume of stock his bosses are trying to move.
You've not seen Moffett say much in recent months about how the increasingly falling costs of fiber hardware and the development of bendable fiber (which helps speed up MDU installs) is greatly lowering Verizon's investment costs, or how successful they've been at signing up customers, how returns have exceeded expectations, etc.
As somebody who watched the news ten hours a day, I can truly say Moffett's traditionally been a pretty pro-cable guy, finding even the most inane cable announcement something to crow about.His position is that the cable companies were stupid to invest so much in upgrading their plant And he really likes Qwest's plan of sitting on their hands and just milking outdated copper, consumers, the future, technology, and everything else but stock price be damned. |
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