Greg Gorbatenko
Greg Gorbatenko
bells customer invested preventing return stay
Incrementally, the Bells may never get the return on invested capital. It's expensive. But it's also preventing customer loss. They have to do it to stay competitive or they'll shrivel down.
deal great pay premium pulled sure
It's a great deal for Sprint. They didn't pay much of a premium for Nextel. I'm not sure how they pulled that off.
almost certainty current falling level net
It's almost a certainty that the dividend is going to need to be cut. You can't keep the current dividend level with falling revenues and falling net income.
bells cable extremely guys losing trump
The Bells need IPTV. They are losing subscribers to cable. It's extremely important for them to trump the offerings of the cable guys and the only way to do that is through video.
baby bells investment money putting
The Baby Bells are a better investment than the long-distance companies. I wouldn't be putting new money into AT&T.
industry
It's not that the industry is weak. It's Nokia being weak.
coming focus industry pay
ARPU is consistently coming down in the industry and it's partially because there's more and more focus on pre-paid customers, which pay less,
business companies either exit happen pull supply
There is still too much supply out there and not enough demand. You need companies to exit the business to pull back on the supply. That will happen either willfully or through bankruptcy.
company extremely hard repair work
The company has to work extremely hard to repair relationships,
baby focus goal lever milk next public
This is a leveraged buyout play. The investors' goal was to milk the thing, lever the baby up and take it public so they can focus on their next deal.
looking public
I think they are looking for a buyer. Going public is something in their back pocket.
bath great growth industry people ridiculous says seeing somebody taking thinking trading
It's ridiculous that Motorola is trading down. Nokia comes out and says industry growth is great but that it didn't get any of it. By deductive reasoning, somebody had to get it, ... People are seeing Nokia is taking a bath and are incorrectly thinking that it's an industry problem.
advantage against betting people substance
People have been betting against them for a long time. This backslide is just something to take advantage of. There is substance to these companies.
believe blindly focus market rather revenue share unit volume
Motorola doesn't blindly go after unit volume market share like Nokia, rather they focus on revenue market share, which we believe is more important.