I am a shareholder and also a former customer. Received a letter several months ago stating that my long distance rates were being raised. Tried to call and talk logic. There was no logic. There was no one to talk to at the number listed on my letter. Now, I am no longer an ATT Customer. The phone calls have begun and I have told them they are too late. This company is a classic case for a business school study. Long distance is a commodity item! I think I would rather have Comcast stock!
Scare talk, baloney. You're just playing into the hands of the shorts. The don't want the deal because CMCSK still provides some support to T's share price. The Moody's downgrade was only of the telco debt. It was based on the assumption that 20 billion of debt would go to CMCSK. They would have downgraded to junk if they had thought that debt was staying with T. And then then the hounds would start baying--T downgraded to junk--T has more debt than WCOM, etc. and before you know it, we're at $5. Perhaps you can explain to me why that wouldn't happen?
>>>>Vote the merger down and T goes to $5 the next day, junk status, and BK or a REAL fire sale of Broadband.
Nonsense...scare talk. BB is already going at a fire sale price and there is a greater risk of bankruptcy...to the T/CMCSK company...if the deal is done. The debt being assumed by the merged company EXCEEDS the current debt of BB plus CMCSK by $4B...that's real cash money debt that the T/CMCSK will have to repay. In addition, the merged company will have another $2B of debt that CMCSK is borrowing over and above what they need for just the BB debt they are assuming. And...it will have to be repaid from the cash flow of ONLY the T/CMCSK company operations...i.e., the current BB debt under T can be repaid from the free cash flow being generated by the telco operations. All this means the current T shareholders are assuming more debt risk by doing the deal than by not doing it. Read the risk factors in the Proxy literature...can't say they didn't warn ya.
Vote NO on the entire proxy slate.
I bought at $15, not $60. It's a small position. I can handle it. CMCSK will be a long-term BIG winner. They will have another good quarter and CMCSK and T will both rally. If I were going to sell I would wait till then.
"Armstrong will NOT be running Comcast--when he sees that no one is paying attention to his views, he'll probably resign from the BOD. Vote for the merger (or lose all your investment)."
WHAT HAPPENED TO CMA BEING SUCH A NICE GUY THAT IS SOOOOOOO MISUNDERSTOOD??
YOU SHOULD BE BUYING ON THE DIPS!!! WHERE'S YOUR FAITH??? DON'T YOU BELIEVE IN GOOD LUCK?? AREN'T THERE GOOD TIMES AWAITING FOR THOSE THAT ARE WAITING FOR CMA TO LEAD THEM TO THE PROMISED LAND???
I ESPECIALLY LIKE YOUR CLOSING THREAT:
"Vote for the merger (or lose all your investment)."
ONLY A TRUE T APOLOGIST WOULD BELIEVE THAT THERE IS ANY HOPE THAT THE CMCSK DEAL IS STILL ALIVE!!!
WHY PAY BILLIONS , WHEN COMCAST CAN PICK UP THE CABLE ASSETS IN BANKRUPTCY COURT FOR LESS THAN PENNIES ON THE DOLLAR??!!!
CMA DESERVES ANOTHER BONUS, DON'T YOU AGREE??!!!
Adelphia was a bunch of crooks. AOL-TW is dependent on ISP growth and ad revenue (it'll be back next year). CMCSK is the best of the bunch, and is forming a bottom after a multi-year downtrend. Armstrong will NOT be running Comcast--when he sees that no one is paying attention to his views, he'll probably resign from the BOD. Vote for the merger (or lose all your investment).
TREND IS YOUR FRIEND!
Look at the AOL-TimeWarner. Look at Aldelphia!
TREND IS YOUR FRIEND!
Armstrong wants CMCSK just to make more money for himself. Armstrong should be in jail for the mess he had created for T.
Vote the merger down and T goes to $5 the next day, junk status, and BK or a REAL fire sale of Broadband. Vote for the merger and sit back and watch your money grow over the next five years.