21 ordspråk av Drake Johnstone

Drake Johnstone

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 An AOL counter-bid is not out of the question. The nice thing about a Cox deal is that it would be part of AOL and part of its revenue and cash flow .

 AT&T has been performing poorly all along and in a slowing economy we can expect that trend to continue.

 Comcast was very aggressive in highlighting how poorly run AT&T was. Comcast was very 'in your face' in terms of the first offer.

 Do two wrongs make a right?

 I am most surprised by the lack of competitive response by AT&T and WorldCom. If AT&T had lowered rates they would have stable revenue instead of double-digit declines.

 I was surprised that they came out this soon and announced. It's really just a token one, but there's room for it to increase.

 If AT&T has a horrible quarter in terms of cash flow then their institutional investors might pressure them to accept the Comcast deal.

 If DT Telecom or NTT come in with an $80-a-share offer, management might have a tough time not accepting such a high offer price.

 If revenue growth is declining in long distance, why would a company want to acquire [Sprint]?

 If that revenue stream goes away this would have a huge impact. Access actually generates positive cash flow. Excite would have a tough time sustaining operations going forward.

 If they demonstrate improving revenue growth, they could get $20 a share.

 If they exceed estimates for this quarter, which I think they will, and raise guidance for the upcoming quarter, investors would be more favorably inclined to Microsoft.

 If we fast forward two years, the biggest challenge for carriers in the industry is upgrading the technology in their networks.

 Long-distance is a growth business for Qwest but not their focus.

 Microsoft would do whatever they can to keep AT&T from going to AOL.


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