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Comment Re:I have a simple legitimate solution to the prob (Score 1) 181

The assets of the company do not vanish instantly as the stock price drops.Once we have 51% of the vote we can vote in a new consumer friendly board of directors to fire the current executives. Comcast is one of the worst run companies in America. It has the worst customer service and only maintains it function by being a monopoly. I have a friend who works with technology provider and Comcast has blown 3 deals with them strictly out of incompetence and laziness.

1st question. You don't upgrade during the transition you upgrade after. Just the roughly 2 billion they paid in dividends could be put to use.

2nd Tv is already dead is is all out IP bandwidth. The last mile doesn't have to be fiber coax is just fine. Also I don't want them to magically maintain a company with no customers, I want the executives fired and the middle management fired and rebuild a customer centric customer own utility. It not a pipe dream it a well worn business model.

3rd Lessig Nader is a joke. You could have one of on the board anyway it doesn't really matter as the economic collapse showed us many boards are just a nepotistic rubber stamp. My Dad still goes through every proxy vote to vote against people he thinks have responsibility for the collapse.

4th it doesn't have to go completely bankrupt, all we need is 51%.

Comment Re:I have a simple legitimate solution to the prob (Score 1) 181

I have been investing since I was 12. I called the last two major collapses to within 3 months. the 2000's bubble by asking why Rambus was able to lock intel into a exclusive deal and the housing collapse by looking at the number of people getting an associates degree in real estate (learned that by reading that that was an indicator for the tech bubble) "When economic profit is available more people will enter the market and drive the profit to zero." As to your direct criticism why would any institutional investor keep a stock that was being driven into the ground in a hostile customer driven takeover?

Comment Re:I have a simple legitimate solution to the prob (Score 1) 181

Time Warner wouldn't be able to buy them if we did the same thing to them.

That was a typo. I meant pay your bill and buy stock.

The infrastructure is paid for by retained earnings and not paid out to executive compensation and dividends. Also the existing infrastructure in many places has been totally deprecated. we have had cable since 1984 at my house. They have paid for their capital costs MANY times over. If google can provide gigabit fiber from scratch a a lower price than cable even with content and ad revenue then Comcast could too. Their business model is based on artificial scarcity both in terms of bandwidth & dividing voice, data, TV.

Once we own the company as a customer owned utility it functions exactly like my electrical utility which provides excellent customer service at some of the lowest power prices in the nation. You have to pay your bill but it is lower and the company on the other end works for you. I can see how my typo made this unclear.

Comment I have a simple legitimate solution to the problem (Score 4, Interesting) 181

If every household in America bought $150 in Comcast stock each month instead of paying their cable bill it would take ~3 years to buy them out. If everyone canceled their account and bought stock it would take less time. Kickstarter's limit is too small for this idea btw. Then we vote out the current board and replace them with Lessig, Nader et al. and BAM gigabit bidirectional IPV6 with al a carte channels.

Too communist for you? Go fuck your self.

Comment Re:More EVs = More Infrastructure = More Sales (Score 2) 181

The sunk cost fallacy. So what if they spent money on it if it sucks now? You can never recover sunk costs you can only invest current capital in the best market. Move on.

Ironically GM came up with the Tesla style design after the EV1 and wanted it to have modular bodies so you could switch from coupe to van on the same frame/battery/engine platform. Unfortunately they stuck their head up their ass instead,

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