Patrick Brogan Quotations

Dividend tax relief and low interest rates tend to buoy some of the stocks, but the sector's fundamentals continue to deteriorate,

The equipment companies are hurting as capital expenditures by the carriers continue to stay low. It's a vicious cycle.

As long as investors keep bidding up the price of the long distance companies on speculation that there might be an acquisition, it actually makes an acquisition harder to complete,

Why buy a business that's been declining 10 to 15 percent?

I'm skeptical that enterprise customers are as attractive as Wall Street assumes.