6 ordspråk av William Power

William Power

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Though below our $31 target price, this seems to be a fair outcome for both parties, and eliminates a fair amount of uncertainty for both companies.

It's a combination of expectations already having been very high and the stock having rallied ahead of the news.

Though we remain positive on the long-term business model and outlook, we expect concerns over pricing pressure, the back-end-loaded nature of full-year guidance and new product wins to overhang the shares medium term.

People are acting like this is a new issue but it is going to be one-for-one so I don't see any pop or decline in the stock -- it will just continue trading under a new symbol.

Until we get more clarity for further resolution to the investigation, it will be difficult for the stock to move forward. Our net view is that we expect it to trade in a pretty tight range now.

There's an opportunity for AT&T to be more aggressive than BellSouth has been. The Southeast is among the strongest markets in the U.S.

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