Quotations
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Patrick Comack Quotes
«This rally will probably be short-lived. I still think there's a lot of risk in this sector. Growth is still slow so investors should be wary of jumping in to the stocks.»
Author: Patrick Comack
«It's hard to figure out what P/E multiple to put on a company when you think earnings are going to decline forever.»
Author: Patrick Comack
«It was holding the stock back a little bit.»
Author: Patrick Comack
«I don't see that many deals that [add up] to a full television package.»
Author: Patrick Comack
«It only took three long distance companies to drastically drive down long-distance prices.»
Author: Patrick Comack
«The declines in that (long distance) business are much sharper than expected, especially in the consumer area. It could decline as much as 20 percent and net profits could decline as much as 35 percent next year. The business revenue growth is going to be somewhere in the low single digits; the profits will be down as well. The positive thing that came out today is the break-up. I think that will create value. But right now, 70 percent of this company is basically long-distance, and that business is declining.»
Author: Patrick Comack
«Certainly it's odd to see a dividend that's more than expected earnings per share.»
Author: Patrick Comack
«A dividend cut is not built into the stock price. If AT&T were to cut the dividend it would be a disaster.»
Author: Patrick Comack
«This is going to cause more price wars, minute wars, whatever you want to call it. It's great for consumers but terrible for the wireless companies.»
Author: Patrick Comack
«It looks like there is a very expensive auction coming up.»
Author: Patrick Comack