Thread regarding Verizon Communications Inc. layoffs

VZ Stock will never see $75 per share

Dan will never get stock price to $75. Verizon is $175 billion in debt, paying $8-$9 billion per quarter in interest payments. Not only that, technology is moving fast, which means the next telco displacing newcomer is waiting on the wings. Verizon is paying today for 20 years of bad investments. No amount of inflation will save them from bad debt and investments, especially since cellular plan prices have gone down and increased data to unlimited. If you adjust today’s telco charges to inflation, not good for Verizon, even if it helps the debt burden.


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Post ID: @OP+1kv3m5k9m

2 replies (most recent on top)

@a9 most of the posts here are d-mb.

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Post ID: @ab+1kv3m5k9m

@OP Ummmm, has it ever been near $75? I think not. What a d-mb post

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Post ID: @a9+1kv3m5k9m

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