9 Quotes by Philip Remek
- Author Philip Remek
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If the deal is done, it won't be for much more than the current price. I don't think anybody's going to pay up to $40 (per share).
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- Author Philip Remek
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It could be a model for radio. I imagine that much of the industry is watching and waiting to see how it does.
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- Author Philip Remek
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I think there's more room for disappointment than upside with both companies. And any disappointment could lead to volatility.
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- Author Philip Remek
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I think, operationally, this was a great quarter. I don't consider it a miss.
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Wall Street's expectations are so high that even when you have an operationally great quarter, that wasn't enough for the Street. There's nothing wrong here.
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There has been such negative sentiment around Amazon that just making the quarter and giving basically in-line guidance is going to be seen as positive.
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Both stocks are expensive on any traditional value measures.
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They already have 80 percent market share, where are they going to go from here but down?
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It looks like they're shuffling deck chairs for the family. Given that this company is a family dynasty, I don't think it signals any major changes.
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