...to explain why his stock price is performing 22% below the S&P.
This is one of the more fascinating details of Diane Mermigas's latest MediaPost column. An excerpt:
The campaign coincides with recent reports from industry analysts that highlight the schism between Comcast’s stellar financial performances this year and its languishing stock price. Some take a decidedly negative turn from what generally is positive, supportive coverage, such as Goldman Sachs analyst Anthony Noto, who examines Comcast’s “new extreme downsides.” Noto has reduced his target price for Comcast to $29 a share from $34 a share. That’s based on revised estimates for a 10% loss in basic subscribers by year-end 2010, with minimal rate increases and an incremental 6% reduction in annual broadband net additions.
Gee, and what would be causing an exodus of subscribers? Hmmm....