Simon Flannery
Simon Flannery
impacts likely mergers mix negative positive pressures quarter reflecting
The quarter is likely to see a mix of positive and negative surprises, reflecting the impacts of mergers and competitive pressures respectively.
clearly cries logical remaining tend
The cries of 'Who is next?' will clearly go up after this deal, but we tend to think that this (AT&T-BellSouth) was one of the most logical of the remaining unions.
balanced believe current offers reward risk stock target upside
At current prices, the stock only offers 3.7% upside to our $69 target price. We believe the risk reward is more balanced at current levels.
both dead investors key money profits question rally recent review stocks whether
The key question is whether investors take profits in both stocks after the recent rally on the thought that the stocks are dead money during the review period.