Replies to post #2655 on Frontier Communications Corp. (fka FTRCQ)

[Equitiesduke]

Agreed. They just signed a huge contract in CA and the balance sheet looks very good right now. Go to their website and look at it. Management will make it better to position for a possible buyout or merger. Too much math to answer that here, but take the number of shares now and do a spread sheet. Dollar value and EPS of Company will be higher with preferred stock and divy from same now gone.

[Equitiesduke]

P.S.
Just did the math and it looks like the current book value is $29.91 per share. Can't tell whether the mandated Stock conversion is included.
GL