CCI stock dropped $10 from two days ago. CC needs a complete cleaning house of management from EMT through local area managers. This company and its fiber and small cell records are horrible over the past ten years to date. I wouldn’t be surprised if Zayo and EQT backed out of sale or asked for financial compensation with the mess they are buying and the amount of time, money and energy that will be required to get records under control. And this is especially true with all the people that have been let go or quit over the past few years.
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The stock market is fickle right now for everyone. It’s back up again…so does that mean we are hiring and prosperous? Wait, no, it’s back down! We are all going to be enrolled in the jelly of the month club.
Come on, Chicken Little, the sky isn’t falling yet. Most sources I see show CCI stock as a strong buy. A couple say sell, but these people get paid to make these predictions — you armchair financial analysts need to sit down and STFU. Stop getting everyone worked up.
I hate to hear that hasn't gotten any better
being a part of the past records teams for crown, Crown never took records seriously and clearly no other telco in the industry does either
I know, I was foolishly holding for $115 to at least try and take a smaller loss
Wasted pickle, lol
Eqt is going to be CCI staff and management so they’re inheriting their own mess and systems.
Zayo and all other telcos also have a mess of records. They also through the process have already seen our asset records and the state of them. They in fact use an even more outdated system than us and are likely in just as bad of shape. Hard reality for the doers in companies is acknowledging that maybe these things don’t matter all that much.
You’re all crybabies
Post fiber sale bump is over already. I thought for sure this wasted pickel was going back up to $192
There is no way they will be able to untangle network. Plus it will be hilarious seeing some people trying to learn new systems. No Zayo and eqt don’t want your spreadsheet you keep on your desk top.
The records have always been terrible, it’s not something new that just started happening after the fiber acquisitions. If you worked at Crown in the early to mid 2000’s you know what I was talking about. We actually had cell towers that we owned but didn’t know where they were… Crown has always neglected its record keeping.