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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What is the share price target that Dan needs to hit? No way he signed up for $75
@OP I disagree if they had less techs and paid more overtime. They could cut expenses and put it towards the debt. They could suspend the dividend pay off the debt then restart towards 75
@a9 most of the posts here are d-mb.
@OP Ummmm, has it ever been near $75? I think not. What a d-mb post