Quotes by Patrick Comack

“This rally will probably be short-lived. I still think theres a lot of risk in this sector. Growth is still slow so investors should be wary of jumping in to the stocks.”

“Its hard to figure out what P/E multiple to put on a company when you think earnings are going to decline forever.”

“It was holding the stock back a little bit.”

“I dont see that many deals that [add up] to a full television package.”

“It only took three long distance companies to drastically drive down long-distance prices.”

“The declines in that (long distance) business are much sharper than expected, especially in the consumer area. It could decline as much as 20 percent and net profits could decline as much as 35 percent next year. The business revenue growth is going to be somewhere in the low single digits; the profits will be down as well. The positive thing that came out today is the break-up. I think that will create value. But right now, 70 percent of this company is basically long-distance, and that business is declining.”

“Certainly its odd to see a dividend thats more than expected earnings per share.”

“A dividend cut is not built into the stock price. If AT&T were to cut the dividend it would be a disaster.”

“This is going to cause more price wars, minute wars, whatever you want to call it. Its great for consumers but terrible for the wireless companies.”

“It looks like there is a very expensive auction coming up.”