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  • Vodafone (VOD) might not be getting a Verizon Wireless cash distribution this year, Verizon (VZ) CEO Lowell McAdam hints in comments seen as an effort to further pressure Vodafone into selling its Verizon Wireless stake. At a meeting hosted by JPMorgan analyst Philip Cusick, McAdam said the top priority for Verizon Wireless' considerable cash flow will be to pay down $5B in debt due by mid-2014, rather than fresh distributions. Verizon Wireless has paid out $18.5B in two distributions over the last two years, $8.3B of which has gone to Vodafone. (previous[View news story]
    VW is going to pay off some of that awful 2% or so interest rate debt? And forego a distribution to VZ? Yeah, that has to be a short rumor. But, if it happens and VOD plummets..... I'll be buying more.

    PS Already long lots of VOD but below 25 again, I'd violate the excessive concentration I've avoided. Especially this close to VOD's normal ex-div date.
    May 3 01:09 AM | 4 Likes Like |Link to Comment
  • Vodafone (VOD) wants $130B from Verizon (VZ) for its 45% stake in Verizon Wireless, the WSJ reports. The paper notes Verizon, which has reportedly been eying an initial bid of $100B, seems to be using a PR campaign - promising Verizon can finance the deal, insisting Vodafone's tax bill will be small, etc. - to bring a reluctant Vodafone to the negotiating table. Sources claim no formal offer has been made by Verizon yet. (Jefferies[View news story]
    Long VOD.

    Not really interested in selling VW to VZ unless there is substantial premium. Why would we? Don't think VZ can afford an appropriate asking price. What motivation would VOD have for selling other than gobs of cash? VZ is grossly overpriced (my opinion only), VOD is fairly priced (my opinion only) . If this were a high p/e VZ paper for 45% VW deal, I would be selling any VZ paper I get asap.
    Apr 26 09:37 AM | 1 Like Like |Link to Comment
  • Verizon Communications (VZ) has reportedly hired bank and legal advisers ahead of a possible $100B cash and stock bid to buy Vodafone's (VOD +1.3% in London) 45% stake in Verizon Wireless. Verizon Com, which reckons it can raise $50B from banks to help fund the deal, will structure its offer so that Vodafone's tax bill would be $5B rather than a possible $20B. [View news story]
    I looked at T, VZ, VOD, American Tower, and China Mobile when I needed to put a telecom in my portfolio. No, this longtime VOD shareholder does not want VZ paper. My dividends are flowing just fine, thank you. Obviously at the right price anything is for sale. But VOD is going to be no bargain with so many staunch VOD shareholders who are quite happy with their current situation. I think the problem will be with VZ shareholders who will not want to pay the price needed to buy.
    Apr 25 01:27 PM | Likes Like |Link to Comment
  • Verizon Communications (VZ) has reportedly hired bank and legal advisers ahead of a possible $100B cash and stock bid to buy Vodafone's (VOD +1.3% in London) 45% stake in Verizon Wireless. Verizon Com, which reckons it can raise $50B from banks to help fund the deal, will structure its offer so that Vodafone's tax bill would be $5B rather than a possible $20B. [View news story]
    Wasn't there a comment by a VOD executive this week that they could cover their dividend quite adequately without the VW distribution? Isn't VOD using most of the distributions to buy back shares anyway? I know that that sounds stupid to most investors who seem to like stocks where the cash goes to the executives in one form or another. As a longtime and quite happy VOD sharholder, I am more pleased with the status quo. VOD is selling at a lower p/e so maybe VZ would like to do a takeover. After all, VOD is only the worlds largest (or second largest depending on how you count China Mobile)
    Apr 25 01:19 PM | Likes Like |Link to Comment
  • Is Vodafone Worth $245 Billion? AT&T And Verizon May Think So [View article]
    I'm long lots and lots of VOD. Wouldn't mind swapping for VZ & T but not at these sky high multiples for VZ & T and lower multiple for VOD. It would have to be a sweet offer. VOD could just sit back and pay its shareholders their dividends and we would be just as happy.
    Apr 2 03:16 PM | 2 Likes Like |Link to Comment
  • Vodafone: Safe, Cheap High-Yielder With Possible Significant Catalyst Ahead [View article]
    Very little overlap so what antitrust issues could there be? They already own Verizon Wireless together. Only problems I see are the reluctance of UK officials to allow a merger of the largest dividend payer in the UK; the fact that a merger of equals is never equal, and the reluctance of both VOD or VZ to admit they need the other. I can't imagine their respective boards agreeing to merge. If you were VOD would you want to merge when your stock is beaten down especially if you would be merging into all VZ's landlines?
    Mar 6 11:57 PM | Likes Like |Link to Comment
  • Mannkind's Afrezza Seems Short of Breath [View article]
    Thank you for your concern, Gaucho. I take your concern as real. However, I believe my research into diabetes is thorough. Your reference to high blood sugars causing diabetic complications is probably correct (produces Advanced Glycation Endproducts). Oversimplification: AGE's are poison. There are two advantages to fast acting insulin: If injected/inhaled in time one's blood sugar never gets high enough to produce AGE's and if one's blood sugar is too high already (producing AGE's and making the individual feel like crap) a fast acting insulin, in theory, would reduce the high blood sugar faster. Prevention of high blood sugars is possible by simply injecting with a currently available fast acting insulin about 20 minutes before eating. However in my own unfortunately extensive experience (this is anecdotal evidence only) none of the fast acting insulins currently available work well in lowering blood sugars once they are high. Their time-of-onset-of-action seems to be proportionately lengthened as the blood sugar is higher. My comment about the product Afrezza, is that it is possible that Afrezza possibly may not have that shortcoming given that absorption in sinuses and lungs is incredibly fast. In which case every insulin dependent diabetic and every emergency room may want to have some on hand, but might not use it often. If you are looking for a product to sell, you want one that people use regularly. If Afrezza is stable at 98 degrees (as all current insulins except Lantus seem to be) and is contained in its small dispenser so that one could carry it in say a pocketbook or suit pocket, it may offer convenience and might gain widespread use eventually. For me there are too many unanswered questions to speculate on yet another salvation-for-diabetics stock play. (Does anybody want my GlucoWatch?) I sincerely hope Afrezza is accepted by the FDA, and is the answer to all the short term insulin problems now existing. If so, it will be worth much more to me than money. I just don't see it as an investment. This is an investment forum, not a health forum and my comments are purely about my view of a potential investment's market. So I guess my question is.... what will Afrezza do that can't already be done by something we already have? The profitable products that have changed diabetes care have given us the ability to do something new.... insulin, blood glucose testing, long acting insulins, continuous blood glucose monitoring, etc. I just don't see any huge obvious advantage to Afrezza. I hope I'm wrong.
    Oct 16 01:37 PM | Likes Like |Link to Comment
  • Mannkind's Afrezza Seems Short of Breath [View article]
    Retired CPA, real estate investor, former CFO.
    Oct 15 01:59 AM | Likes Like |Link to Comment
  • Mannkind's Afrezza Seems Short of Breath [View article]
    Am type 1 diabetic 52+ years. Unless there is a clear benefit to Afrezza, I won't be using. The idea of faster acting is minor to me. What would get my attention is a rapid response to high blood sugars which is something none of the injectables achieve. There seems to be a much slower response to an injected insulin in the face of a 280+ mg/dl glucose level. It may be that an inhaled insulin may actually work faster. If so, I'll use it those few times I need it. But not every day. Thus, extrapolating my opinion to that of other diabetics, this does not look like a good investment to me. Have no position in MKND but own amylin and dexcom and send contributions to Denise Faustmann (who potentially could make insulin obsolete).
    Oct 15 01:54 AM | Likes Like |Link to Comment
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