Funny the CEO was on CNBC yesterday and said it was safe. He said the seniors who own his stock need the dividend. Lets see if he means it. First of all I believe the stock will be back over $11 within days,
i dont trust what they say. the debt, lack of growth and shrinking industry and drying up cashflow are what i am more conserned about. seems win will stay around this range until we see some growth, not just what they say but see it in future quarters.
they not only indicated they are very comfortable with the dividend there will be opportunities to do more shareholder friendly activities in the future. this stated 2 x during the conference call. This company maintained its dividend in 08 and 09
Of course they're going to say that. Without the dividend, you could put all the shareholders in a phone booth with room to spare for a swimming pool. Speaking of phone booths, I hear WIN is doing quite well renovating some of its older models. They are also stringing cups and twine to more and more farms as we speak.
Stay tuned for the next round of layoffs because of management's inability to get out of its own way.
This is the state of landline telecommunications in America. WIN is following FTR right down the black hole of irrelevance.