I feel, like myself, investors are taking their profits out of CTL right now. I'll be sitting on the side with my cash waiting for another buying opportunity. This is a great income stock with decent growth. Look at it's track record. A few more income stocks that I like are, ED, MO, LINN, T, VZ, RAI. Just wanted to give my opinion in case you're looking for a good income and don't want to stay awake all night :-)
The entire telecom sector has been adjusting the last couple of days. It's now making a small move back, and Q and CTL will follow (maybe lead).
Buying Q still gives a small discount to CTL at merger, plus 50% increase in the current Q dividend post-merger.
Not sure about that "clean house at Q" comment. These things are never that clear cut. There will be synergies but they will come from both sides. Decisions will be made based on systems requirements, resources needed/not needed and duplication of efforts. How that will all break out remains to be seen, and in anycase most "house cleaning" won't occur on day 1, indeed it will take months at least to work through the issues.
Regarding the comment: "There will be synergies but they will come from both sides. Decisions will be made based on systems requirements, resources needed/not needed and duplication of efforts."
I survived multiple telecom mergers and saw randomness and politics more often than I saw good resource allocation.
I agree, but I just can't relate the wireless carrier issues PCSMETRO or VZ to the fixed line carriers, line WIN and CTL. It just seems like a bit overdone. Anyway, I am not worried about it, since we are making progress back from the lower levels of yesterday. We are not far from $46.40 again.