Warm, you should have 10 red thumbs by now...it's not positive for T longs so they should be reporting you to Yahoo.
Why don't you T longs get this topic completely removed because it isn't positive AT&T?
74 million shares traded? no its real. unless there is some new news....something like windstar faked the letter from the government or something like that. you can always pray i guess treword. but no...im afraid all your chickens have come home to roost. barring the extraordinary $36.50 is now the new bottom level of support. get use to it.
It is pretty obvious some people are taking profits on this spike. T will still be going to $40 in the long run though. I wouldn't be worried.
I was afraid this would crash all the way back...should have sold earlier - shorts make big $$$ today (and tomorrow probably). Fake out for longs today - unless you sold earlier. Nothing to justify rise.
Some analysts were cautious on the REIT strategy.
"We see the move as an elegant way to cut the dividend," said Mike McCormack, an analyst at Jefferies, in a report. "Given that Windstream has already received a PLR from the IRS, we believe wireline peers could explore a similar structure.
It's not mine but it is a game changer like Ford introducing the assembly line for the automobile. That cheaper cost of production sped up the adoption of the automobile because it made the cost of production so much cheaper. Assembly line was the final nail in the coffin in the long nightmare for buggy whip makers just like G.fast is the last nail for the long nightmare for satellite.
I'm still curious to the control aspects of "independent" REIT and exclusive lease back arrangements. Anyone have more insight on the structuring of the IRS approved REIT? If it is independent then the REIT could lease those pipes to any ISP? Could REIT in and of itself become the ISP instead of the company who rolled the assets? The net neutrality factor could make this really interesting with an independent REIT. Thinking along the lines of MLPs I guess. Very interesting news to say the least.
A good many of them have existing copper. How long do you think it will take for Carlos Slim to deploy G.fast on existing copper networks? Richest guy in the world renounced his right to purchase controlling interest in satellite provider Dish Mexico in the same breath stating intentions to enter a triple play bundle. What do you think he plans on delivering that triple play TV through? It isn't satellite. Brazil has a good number of DSL lines already in use. (Note: Slim has an 18 month restriction to apply for a TV license after meeting antitrust benchmarks on his mobile/copper line monopoly reduction) Televisa's TV monopoly just virtually received notification it will soon have a very strong new competitor entering the TV market in a given time frame.
Further, I will remind you Latin America is a much lower revenue market with thinner profit margins for DTV. Half of DTV's subscriber base (52%) is in the U.S. but accounts for 80% of its revenues. How much of DTV's profit comes from Latin America? A minor portion as U.S customers carry the expense of paying for programming. Raise your prices for the more remote customers without copper to make up for other subscriber defections and you will find people dropping the service. Take a trip through central or south America and you will understand. For many of those there is bigger income concerns to cover food, shelter and clothing. TV is still a luxury. Belize DTV subscribers are paying $22.50/month for a package which included movie networks like HBO. Now tell me where DTV's profits are coming from when U.S. subscribers are paying about $140/month for a similar package when the excessive fees are included.
That's what my boyfriend told me, too. Also people can't hold "REIT"s in their IRA's so they're probably dumping the stock now. Oh well. I sold at the top today so I'm out now.
But, what about all those DTV subscribers in SA that don't have access to G.fast technology ?
Sentiment: Strong Buy