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https://boards.fool.com/that-piece-basically-ignores-the-atampt-deal-31137939.aspx
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Subject: Re: FTR--looks good | Date: 2/26/2014 7:32 AM | |
Author: BabaRamDass | Number: 162 of 175 | |
That piece basically ignores the AT&T deal, and I think it was written before earnings. Frontier jumped nearly 11% yesterday on nearly quadruple volume--with a small earnings beat and decent guidance. At current share price (which should drop a bit), it still pays a 7.8% dividend. I have more than enough of the stock, which has treated me very well in less than a year. But FWIW, I think Frontier is turning the corner and the AT&T deal will be a strong plus. I do note that the COO has just been named to the FTR Board, which could mean that Maggie Wilderotter is preparing an internal succession. I think she's been a great CEO, undistracted by all the noise, with a long-term turnaround plan that seems to be bearing fruit. Would miss her--but would also trust her judgment on an internal successor. JMHO, of course. BRD |
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