Both stocks are expensive on any traditional value measures. |
I think there's more room for disappointment than upside with both companies. And any disappointment could lead to volatility. |
I think, operationally, this was a great quarter. I don't consider it a miss. |
If the deal is done, it won't be for much more than the current price. I don't think anybody's going to pay up to $40 (per share). |
It could be a model for radio. I imagine that much of the industry is watching and waiting to see how it does. |
It looks like they're shuffling deck chairs for the family. Given that this company is a family dynasty, I don't think it signals any major changes. |
The momentum has been broken. |
There has been such negative sentiment around Amazon that just making the quarter and giving basically in-line guidance is going to be seen as positive. |
They already have 80 percent market share, where are they going to go from here but down? |
Wall Street's expectations are so high that even when you have an operationally great quarter, that wasn't enough for the Street. There's nothing wrong here. |