Drake Johnstone
Drake Johnstone
estimates exceed guidance inclined investors raise
If they exceed estimates for this quarter, which I think they will, and raise guidance for the upcoming quarter, investors would be more favorably inclined to Microsoft.
cable focus looking rural systems
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.
throwing
SBC sounded like they were throwing in the towel. They were pretty downbeat.
microsoft whatever
Microsoft would do whatever they can to keep AT&T from going to AOL.
accept cash flow horrible investors might pressure quarter terms
If AT&T has a horrible quarter in terms of cash flow then their institutional investors might pressure them to accept the Comcast deal.
biggest carriers challenge fast forward industry technology
If we fast forward two years, the biggest challenge for carriers in the industry is upgrading the technology in their networks.
improving revenue
If they demonstrate improving revenue growth, they could get $20 a share.
came room soon surprised
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.
drive happened price spring surprise upside
What could drive upside is more significant price cuts, and it wouldn't surprise me if it happened after the spring of 2004.
phenomenon stock surprised tracking
This tracking stock phenomenon doesn't make sense. I wouldn't be surprised if they went down to $0.
along economy expect performing poorly slowing trend
AT&T has been performing poorly all along and in a slowing economy we can expect that trend to continue.
against bankers bankruptcy decide later
They're up against the wall. If the bankers decide not to play ball, Qwest could be in bankruptcy later this year.
access cash excite generates goes huge operations positive revenue stream sustaining time tough
If that revenue stream goes away this would have a huge impact. Access actually generates positive cash flow. Excite would have a tough time sustaining operations going forward.
business growth
Long-distance is a growth business for Qwest but not their focus.