The only thing that is going to hurt them now is to raise their bid. That would destroy their stock price.
More Quotes from Philip Wohl:
The thing that really made me happy is the deal with Microsoft. ATT Chairman C. Michael Armstrong is a master negotiator. He never gives anything away.Philip Wohl
It's a great deal. A joint venture doesn't cost (ATT) as much as a merger would and it gets them into homes and businesses. Michael Armstrong is trying to win the battle from a different angle.
Philip Wohl
I think the network's fine, it's a solid company and they'll wind up settling (the suit) somehow.
Philip Wohl
The stock price decrease isn't pretty, but it had to be expected, ... I'm just wondering why they are going through so much trouble to acquire mediocre assets.
Philip Wohl
We're talking about some wide and powerful areas and I think that Bell and Nynex calls cover almost a quarter of the country, ... And the other combination involved California and Texas, the two biggest states in the country, so there are some parallels there.
Philip Wohl
In a couple of years, this company is going to skyrocket,
Philip Wohl
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