Anyone? What are your thoughts?
4 replies (most recent on top)
This post hit the nail on its head, I hope you wont mind me copying it into a new thread, @7tro
I would be surprised if Crown Castle was not at least exploring their options as far as selling their fiber assets. It has been a disaster and nobody in the entire company knows how to manage it. Now would be a good time to move on from their bad investments but then that would mean Jay and the EMT would have to admit that they were in fact just that... bad investments...
Cuts in Fiber sales Mgt and rep reductions in the first quarter of 2021, Fiber group hangs on to their current accounts for dear life to show Elliot they are making progress. Mega telco's inquire about purchasing the fiber group for a bargain basement price, Fiber group sold, 1/3 of the company off the books, Jay and Co exit with a boatload of money looking for their next company to ruin and get rich in the process.
More cuts and the selling of the fiber business.
More to raise the price of Jay's massive stock holdings and reaffirm the EMT's complete disregard for their employees.
Once we make modest returns Elliot sells their shares, most of the EMT and board are gone, and anyone who's left just putts around at a mediocre company until they can land something better.