Eugene David ...The One-Minute Pundit |
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Monday, October 26, 2009
And where the elite meet to ridicule their turnips:
The other hot topic of the day was, not surprisingly, the impact of the expected Comcast-NBC Universal deal. Jessica Reif Cohen, 1st VP/Managing Director at Banc of America Securities-Merrill Lynch Research, said Comcast's potential deal to acquire a majority interest in NBCU could create “incredible” value for the MSO. Though she noted that a failed deal could hit Comcast's stock hard, her backing was enough that one media-company CEO in the crowd said afterward, “I should go fill my boots with Comcast stock right now.” Coming on the heels of that famous sales -- ANALYST stock was not what I was thinking of.
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