Quotations

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Drake Johnstone Quotes

«These cable systems are in rural areas, so they potentially are not as profitable. AT&T is looking to unload them because their focus is not on rural cable markets.»
«An AOL counter-bid is not out of the question. The nice thing about a Cox deal is that it would be part of AOL and part of its revenue and cash flow .»
«AT&T has been performing poorly all along and in a slowing economy we can expect that trend to continue.»
«Microsoft would do whatever they can to keep AT&T from going to AOL.»
«If revenue growth is declining in long distance, why would a company want to acquire [Sprint]?»
«This tracking stock phenomenon doesn't make sense. I wouldn't be surprised if they went down to $0.»
«If we fast forward two years, the biggest challenge for carriers in the industry is upgrading the technology in their networks.»
«Do two wrongs make a right?»
«What could drive upside is more significant price cuts, and it wouldn't surprise me if it happened after the spring of 2004.»
«I was surprised that they came out this soon and announced. It's really just a token one, but there's room for it to increase.»

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