Awe

There's a MAC (material adverse change ) clause in every deal, and I don't know specifically what this one is yet, but the market is assigning a significant discount. The only MAC provision I am aware of relates to required divestitures.

Beyond the FTC or DOJ, the FCC must find the merger is "in the public interest."

Each state in which they operate must approve license transfers.

There are a lot of approvals needed. Remmeber, it took over two years to complete the BEL/GTE deal.
 
I agree. Part of the problem here is the declining local line business of BLS and SBC, the latter losing 6% of its local lines last year. The companies have to find someplace to employ their capital.

Frankly, I think they should buy out every leveraged REIT, unleverage them, and liquidate them. That would be a huge return to shareholders. But, thinking outside the box isn't their strong point. It's also a weird idea.


But speaking of weird ideas, Ralph Nader is running for President
 
A large percentage of my account but not my net worth. I made 10,000 Monday so I only lost 6600 after commissions.


This has been a wasted month for me. I have churned 6 million shares with $1100 to show for it.

I am thinking.....the double shift at Circle K doesn't look so bad, but at least you only get robbed through a T-1 while trading.
 
WOW
You must trade often. Did you mention that you were a boot camp survivor?? They must do a great job on training and tutoring. Was Don your mentor???
So at this point your short 18k shares right??
Good luck my friend
 
At boot camp do they vote the loser off? Does the winner get a backed account with discounted hair-cut and commission to trade and be called a fund manager?? That number again is 1888-SNAKEOIL right
 
I've heard of the boot camp, but I was never much for the military
way of life. Besides, Don as a drill sgt. just doesn't seem to have the same impact as , say that guy who shouts, "What is your major malfuntion?" I have heard Don try this before , but as I said, it just doesn't have the right intonation. In fact, the drill sgt in the computer buying commercial is scarier.

So, the answer is, no, I never took the boot camp or any Bright course, although I did teach at them occasionally when I was with
Bright.

As to whether I am short 16,000 shares now, I have been trading 50,000 share blocks,smoking through whatever is in Open Book, just to, as Bob would say, "give them something to think about." I really couldn't care less whether I make money or not, it's just a machismo thing. My motto is , "Octuple up to catch up"

(I tried "nonotuple up to catch up," but nobody understood what I was talking about)

In my spare time I shout out in the office, "F****ing specialists! Illuminati!! You pagans!!"
I tried this on tourists at Vegas strip hotels too but security whisked me into the back room, asked me which hand I traded with, and threatened to cut it off.
 
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