“(The deal) brings to the forefront the value that satellites will have in the Internet world, as a means of bringing content to the edge of the network and improving speeds so that users can receive more robust applications.”
“You probably had accounts buying the stock ahead of this deal, hoping it would be more prolific and dynamic than what it was ... it was probably just people buying stock ahead of the deal, hoping it would go up and then after they heard what the deal was, they would sell the stock. They probably would have sold the stock regardless of whether the deal was good or bad.”
“It speaks loudly about the value of the Hughes assets. It had been unduly depressed due to arbitrage. A primary driver will be continued expansion of DirecTV subscriber base, which shows no signs of weakening.”
“I had the lowest earnings per share on the Street, $1.00, so they're going to have about 15 cents higher depreciation and amortization. But relative to my peers, the EPS estimates that ranged anywhere from $1.30 to $2.38. I'm not sure where they went wrong in their analysis, but obviously, they were way off.”
