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Frontier Communications Corporation Message Board

  • owens132000 owens132000 Jul 1, 2013 3:22 PM Flag

    Words of Wisdom

    From J. Cramer quote " I don't like the way the operations of the company are run" He doesn't trust Maggot either. CEO lies to shareholders. Reputation of the company is negative.

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    • Cramer is a fraud. He had been pumping this co $LINE before the SEC decided to investigate it and the stock tanked. Now he has been completely silent on it. That should tell you everything you need to know about him. Do you really think he knows enough about all these companies he talks about? No he doesn't. Ignore Jim Cramer. Only a know nothing retail investor would get sucked into his nonsense.

    • vonstutt Jul 5, 2013 12:57 PM Flag

      For a change I agree with Cramer. Maggie as CEO is not trust worthly. Why the hell the FTR Board does not wake up is beyon me.

      Sentiment: Hold

    • “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

      Warren Buffett

      • 1 Reply to richard.schulze52
      • Warren says he takes minority positions in companies who treat their shareholders with reverence.

        FTR would never be on Buffett's radar screen -- for a lot of reasons but one big one is how executive management is rewarded big for miserable performance. FTR is a payroll machine run by a clique for the clique. Public shareholders come last -- 90% of max bonus payout for 2011 when the stock hit a rock and listed over in the water like an Italian love boat.

        Glittering generalities like Warren's quote applies to undervalued & overvalued assets when markets go thru a sea change. In either market condition, FTR is a dying enterprise that can't preserve the lines they have purchased. The goodwill of $6.4b is a ticking time bomb which will get a write down and the retirement funding gaps are over $1b. If FTR can't nose up and find some assets that will generate revenue then its remaining equity will continue to shrink each quarter.

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