https://finance.yahoo.com/quote/WIN/
This will go under a $3 share today. We will hit bottom sooner than later. It looks like we won't need to worry about Q2 earnings, we will hit ZERO by then.
We have lost over 60% of our value in just over a month.
The previous CEO did a decent job of keeping the stock price respectable, this current CEO went on a buying spree that didn't make any sense, except maybe to extend the fiber footprint, but left a whole lot of voice equipment pretty much not being used.
How many times have outages been caused because WE didn't pay the power company - so they in turn turned off the power, and lo and behold there is a nice sized outage affecting all type of customers. Where did that money go - to the latest VIP vacation fund? Regional ops managers have to struggle to pay the power company to restore power. Great way to pay the bills WE!
I bet the FCC would love to hear this if 911 was affected.
Haha Right - Look at Windstream long term history. It was sinking before the CLECs. That was just the bad plan at getting WS outta the hole they were falling into. The CLECs would have done just fine on their own (until 2020) without adding windstream rocks in their pockets.
Windstream started spiraling downhill when they were making CLEC purchases...purchasing CLEC companies was never a good idea...then the icing on the cake they made many of the employees from the CLEC purchases in key manager, vp, director positions running this company straight into the ground...congratulations TT!
This is not going to end anytime this year who is going to buy us will let it go to the bottom its like buying a used car ........WINDSTREAM bought crap NUVOX had no network so they bought KDL and there network was built on IRU fiber from MCLEODUSA/PAETEC you guys have not been around long anuff to remember when they bought Paetec and the was over 70% of the profits when they bought it and you have to be a idoit to think Earthlink was a good buy its another Nuvox
Mortimer lol
Lol, what a great thought. Anyone want to trade places with Tony? Let's take a bet for $1 that he doesn't get killed by stamping employees?
sell Mortimer.. SELL!!!
Turn those machines back on!