Issuing a billion shares to go from 55% of Verizon Wireless to 100%. What is the outstanding number of shares? New cash flow within the new 45% stake will more than service the debt and dividend on the new shares. VZ is a strong buy for those with decent investment horizon. VZ gets the majority of the new debt chewed up in in 5 years and this stock will be smoking hot with 100% ownership of the cash cow. VZ should have bought the 45% a long time ago and would have saved themselves a lot of money. Still a smart buy going forward.
you have been sounding surprised lately .... this has been well known for over 6 months ... the
insts. are just know doing their valluations , but they have had 6 months to work on this ....
it's the mentality of the insts.and their computer programs that tell them VZ price needs to be a
some level given the effects of the VOD deal .. it's simply a numbers thing and nothing really to do
with VZ's business and innovation
i cannot fathom the vitriol from so many posters , wasn't that 30% gain in 2013 good enough for
you ??? VZ stock is taking a nap for a while ... still a great investment ... turn off the fast money
group and the rest of the drama cabal ... g