|
|
Joined: Sep 2006
Posts: 6,448
Hall of Famer
|
OP
Hall of Famer
Joined: Sep 2006
Posts: 6,448 |
Consumer gets screwed again !
|
|
|
|
|
Joined: Sep 2006
Posts: 11,085
Legend
|
Legend
Joined: Sep 2006
Posts: 11,085 |
I could use a bit more to go on here. We are screwed consumers was about all that I got. Why are we screwed?
"Every responsibility implies opportunity, and every opportunity implies responsibility." Otis Allen Glazebrook, 1880
|
|
|
|
|
Joined: Apr 2007
Posts: 8,767
Hall of Famer
|
|
Hall of Famer
Joined: Apr 2007
Posts: 8,767 |
I only buy Spectrums internet service. Wish I had a better option...
I'll never, ever buy television again though.
|
|
|
|
|
Joined: Mar 2013
Posts: 18,204
~ Legend
|
|
~ Legend
Joined: Mar 2013
Posts: 18,204 |
I could use a bit more to go on here. We are screwed consumers was about all that I got. Why are we screwed? More companies will be able to vertically integrate. It's certainly a bad thing for consumers, but really the only decision that made sense. There's about 5 other super high profile mergers that could've been impacted by ruling against AT&T.
|
|
|
|
|
Joined: Sep 2006
Posts: 11,085
Legend
|
|
Legend
Joined: Sep 2006
Posts: 11,085 |
I was still busy feeling screwed over net neutrality and being abandoned by Congress.
That is three times we lost at least as common consumers IMO: This, net neutrality, consumer protection, and also EPA. Pretty much abandoned the middle it seems.
"Every responsibility implies opportunity, and every opportunity implies responsibility." Otis Allen Glazebrook, 1880
|
|
|
|
|
Joined: Mar 2013
Posts: 13,301
Legend
|
|
Legend
Joined: Mar 2013
Posts: 13,301 |
I've read THREE articles about this and none of them disclose what the judge was paid. Weird...
HERE WE GO BROWNIES! HERE WE GO!!
|
|
|
|
|
Joined: Sep 2006
Posts: 50,506
Legend
|
|
Legend
Joined: Sep 2006
Posts: 50,506 |
I just read an article that clarifies, and says that they are buying Time Warner, (entertainment) not Time Warner Cable and/or internet services. http://www.kansascity.com/news/business/article110197917.html
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
|
|
|
|
|
Joined: Mar 2013
Posts: 13,301
Legend
|
|
Legend
Joined: Mar 2013
Posts: 13,301 |
Wow. Well that makes a world of difference. Good lookin' out YTown.
HERE WE GO BROWNIES! HERE WE GO!!
|
|
|
|
|
Joined: Sep 2006
Posts: 6,448
Hall of Famer
|
|
OP
Hall of Famer
Joined: Sep 2006
Posts: 6,448 |
I wear blinders when it comes to Corporate America any more .. Lack of choice and competition is bad for ME ! .. Hated the United /Continental merger ' The At&T /Directv merger and so on .. Comcast is looking to do a 21st Century Fox merger ( that would be a disaster on so many fronts )
|
|
|
|
|
Joined: Sep 2017
Posts: 8,974
Hall of Famer
|
|
Hall of Famer
Joined: Sep 2017
Posts: 8,974 |
I could use a bit more to go on here. We are screwed consumers was about all that I got. Why are we screwed? Anytime two large companies merge like this, it makes competition smaller and smaller for consumers. Meaning, more and more a monopoly is taking place, thus higher rates to consumers as less competition = less options = companies can charge whatever they want for their service.
|
|
|
|
|
Joined: Mar 2013
Posts: 13,301
Legend
|
|
Legend
Joined: Mar 2013
Posts: 13,301 |
I couldn't agree more with the monopoly take, and how bad they are. Not really worried about this one though, or Comcast/21 Fox for that matter.
As much as people hate Amazon nowadays, they'll be the one that sets benchmark on the cost of content... and they'll keep it very low for consumers.
HERE WE GO BROWNIES! HERE WE GO!!
|
|
|
|
|
Joined: Jul 2014
Posts: 7,612
Hall of Famer
|
|
Hall of Famer
Joined: Jul 2014
Posts: 7,612 |
water above: Comcast is looking to do a 21st Century Fox merger ( that would be a disaster on so many fronts ) Big Time! Many fronts. Can you say Monopoly?  
|
|
|
|
|
Joined: Sep 2006
Posts: 8,882
Hall of Famer
|
|
Hall of Famer
Joined: Sep 2006
Posts: 8,882 |
So I own AT&T stock. It pays a nice dividend of 5.76%. I bought in on it’s recent dip well below it’s five year average. Since my buying in it’s been slowly gaining value back.
With this news of the merger the stock prices are falling again. It’s down this morning over a dollar a share. Not concerning to me as I’m in it for a longer haul and fully expect it to make me money in the long run. I just found it strange that this merger seemed to effect the stock value in a negative way. One would think AT&T has further solidified itself in the world of communications and entertainment with this merger.
Not sure why this news would drop the stock price.
Anyone with more experience with this type of thing have any input?
|
|
|
|
|
Joined: Sep 2006
Posts: 17,438
Legend
|
|
Legend
Joined: Sep 2006
Posts: 17,438 |
So I own AT&T stock. It pays a nice dividend of 5.76%. I bought in on it’s recent dip well below it’s five year average. Since my buying in it’s been slowly gaining value back.
With this news of the merger the stock prices are falling again. It’s down this morning over a dollar a share. Not concerning to me as I’m in it for a longer haul and fully expect it to make me money in the long run. I just found it strange that this merger seemed to effect the stock value in a negative way. One would think AT&T has further solidified itself in the world of communications and entertainment with this merger.
Not sure why this news would drop the stock price.
Anyone with more experience with this type of thing have any input?
|
|
|
|
|
Joined: Dec 2014
Posts: 25,823
Legend
|
|
Legend
Joined: Dec 2014
Posts: 25,823 |
Time Warner won't save AT&T from 'continued erosion' in core businesses, says analyst-MoffettNathanson downgrades AT&T stock from a neutral to a sell and lowers its price target to $28 from $35 to account for the acquisition. -While the deal is a positive for AT&T's income statement, it's a negative for the balance sheet, MoffettNathanson says. https://www.cnbc.com/2018/06/13/time-warner-wont-save-att-moffettnathanson-downgrades-to-sell.html
|
|
|
|
|
Joined: Sep 2006
Posts: 8,882
Hall of Famer
|
|
Hall of Famer
Joined: Sep 2006
Posts: 8,882 |
Thanks. Well as I said I’m not too concerned. I bought at a super low time. Didn’t go in too deep. If it continues to decrease falling below my current share value I’ll likely continue to dollar cost average in. AT&T isn’t going away. I’ve got time for it to recover market value. Ultimately it’s dividend payouts are better than bank interest on similar money.
|
|
|
|
|
Joined: Sep 2017
Posts: 8,974
Hall of Famer
|
|
Hall of Famer
Joined: Sep 2017
Posts: 8,974 |
So I own AT&T stock. It pays a nice dividend of 5.76%. I bought in on it’s recent dip well below it’s five year average. Since my buying in it’s been slowly gaining value back.
With this news of the merger the stock prices are falling again. It’s down this morning over a dollar a share. Not concerning to me as I’m in it for a longer haul and fully expect it to make me money in the long run. I just found it strange that this merger seemed to effect the stock value in a negative way. One would think AT&T has further solidified itself in the world of communications and entertainment with this merger.
Not sure why this news would drop the stock price.
Anyone with more experience with this type of thing have any input? Im in banking, not investing....so my advice is in generalities and not anywhere near expert level. But typically, any time their is a merger investors look at it as uncertainty and have a short term negative effect. I would probably ride it out (which it sounds like you are), and don't worry too much.....yet  But again, just an opinion, not advice.
|
|
|
|
|
Joined: Sep 2006
Posts: 6,202
Hall of Famer
|
|
Hall of Famer
Joined: Sep 2006
Posts: 6,202 |
Books and reading... being involved in a hobby..just enjoying being away from a tv..
|
|
|
|
|
Joined: Sep 2006
Posts: 2,523
Dawg Talker
|
|
Dawg Talker
Joined: Sep 2006
Posts: 2,523 |
Well yeah.
TWC was bought by Charter a few years ago,hence the name change to Spectrum.
This is all about content,what the cable providers can offer you.
I don't know if it's good or bad for consumers.I have a suspicion that if you're not with ATT,your cable company will be paying more for HBO,and the like,and so will we.
This is not going to be last mega deal.Comcast won't sit on the sidelines for very long.
Indecision may,or maynot,be my problem
|
|
|
|
|
Joined: Sep 2006
Posts: 2,523
Dawg Talker
|
|
Dawg Talker
Joined: Sep 2006
Posts: 2,523 |
That didn't take long.
Comcast offers $65 billion for Fox.
I'd link it,but I'm too lazy.
This one may not go thru,aas Comcast already has NBC.
Last edited by BCbrownie; 06/13/18 09:17 PM. Reason: headline browsing
Indecision may,or maynot,be my problem
|
|
|
|
|
Joined: Sep 2006
Posts: 50,506
Legend
|
|
Legend
Joined: Sep 2006
Posts: 50,506 |
Also Disney already has a deal in place with FOX. I know that agreeing to a deal isn't a done deal these days .... but still.
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
|
|
|
|
|
Joined: Mar 2013
Posts: 18,204
~ Legend
|
|
~ Legend
Joined: Mar 2013
Posts: 18,204 |
Also Disney already has a deal in place with FOX. I know that agreeing to a deal isn't a done deal these days .... but still. Hostile takeover time.
|
|
|
|
|
Joined: Mar 2013
Posts: 301
2nd String
|
|
2nd String
Joined: Mar 2013
Posts: 301 |
jc
As soon as I watch the rest of my recordings on the DVR we are getting rid of all but the internet (have 2 seasons of TWD to watch). We only had Direct TV so we could watch the games with the NFL package. Since I quit watching NFL and NBA don't need it anymore. We have a Fire Stick, Netflix, Amazon and can get local stations over the air so have plenty of options.
The Constitution shall never be construe to prevent the people of the United States who are peaceable citizens from keeping their own arms. – Samuel Adams
|
|
|
|
|
Joined: Sep 2006
Posts: 6,448
Hall of Famer
|
|
OP
Hall of Famer
Joined: Sep 2006
Posts: 6,448 |
Have not taken the time to look at the Fox deal .. Is it in total or is there a break up of Fox Entertainment and Fox News ?? Comcast getting a hold of Fox News would be a huge coup for the Left , just saying ..
Note : I look at these through old , old , non tech EYES ,lol ..
|
|
|
|
|
Joined: Mar 2013
Posts: 18,204
~ Legend
|
|
~ Legend
Joined: Mar 2013
Posts: 18,204 |
Somebody should tell one of these monopolies to run their business like a business.
|
|
|
|
|
Joined: Sep 2006
Posts: 50,506
Legend
|
|
Legend
Joined: Sep 2006
Posts: 50,506 |
Somebody should tell one of these monopolies to run their business like a business. If Comcast is so far in debt, how can they make a $65 Billion, all cash, offer for 21st Century FOX?
Micah 6:8; He has shown you, O mortal, what is good. And what does the Lord require of you? To act justly and to love mercy, and to walk humbly with your God.
John 14:19 Jesus said: Because I live, you also will live.
|
|
|
|
|
Joined: Mar 2013
Posts: 18,204
~ Legend
|
|
~ Legend
Joined: Mar 2013
Posts: 18,204 |
Somebody should tell one of these monopolies to run their business like a business. If Comcast is so far in debt, how can they make a $65 Billion, all cash, offer for 21st Century FOX? Because they took out so many loans and sold a lot of bonds. It's not an uncommon practice.
|
|
|
|
|
Joined: Sep 2006
Posts: 42,959
Legend
|
|
Legend
Joined: Sep 2006
Posts: 42,959 |
That's a whole lotta debt...wow
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.”
Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe."
Damanshot
|
|
|
|
|
Joined: Mar 2013
Posts: 18,204
~ Legend
|
|
~ Legend
Joined: Mar 2013
Posts: 18,204 |
That's a whole lotta debt...wow I believe there's 15 or so companies in the Fortune 500 who are debt free.
|
|
|
|
|
Joined: Sep 2006
Posts: 42,959
Legend
|
|
Legend
Joined: Sep 2006
Posts: 42,959 |
Correct me if I"m wrong, but didn't Trump say that if he became president he would find a way to kill this merger?
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.”
Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe."
Damanshot
|
|
|
|
|
Joined: Sep 2006
Posts: 6,448
Hall of Famer
|
|
OP
Hall of Famer
Joined: Sep 2006
Posts: 6,448 |
He was not a fan at all .. Be curious to see if he makes the Fed. appeal ????
|
|
|
|
|
Joined: Sep 2006
Posts: 42,959
Legend
|
|
Legend
Joined: Sep 2006
Posts: 42,959 |
That's a whole lotta debt...wow I believe there's 15 or so companies in the Fortune 500 who are debt free. Debt sure, but top this level? That's insane
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.”
Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe."
Damanshot
|
|
|
DawgTalkers.net
Forums DawgTalk Everything Else... AT&T - Time Warner merger ,
and the
|
|
![[Linked Image]](http://www.dawgtalkers.net/uploads/PortlandDawg/banner.jpg)
