said by Varlik
:said by Titus Pullo
:or do these investors know something about future economic conditions that average Joe doesn't?
What they know is that they're not making as much money as they could if Verizon would give up on the FIOS Money Pit. After all it's the here and now that matters, just ask any BIG Money Investor. So what if America ends up looking like it's a 2nd world country living in the good old days of yesteryear.
One again short term thinking. Are these guys 80 years old? Most are probally around my age, 38. Now assume I retire at 60 that's another 22 years. I'm not worried about what Verizon is like today tommorow or 5 years from now. I worry about what Verizon is like 22 years from now. And frankly if Verzion were to depend on DSL then they will be exactly nowhere in 22 years.