Stuart Gordon Quotations

It wouldn't be surprised if they (BT) went ahead and bid.

That to me is the problem. Private-equity groups are notoriously shy of taking on huge pension deficits. And as deficits go, there are not many bigger than this.

The numbers look OK. The EPS (earnings per share) is slightly better than what people were expecting due to lower depreciation and lower leavers costs, but trends in the business remain weak.

The numbers look okay. The EPS (earnings per share) is slightly better than what people were expecting due to lower depreciation and lower leavers costs, but trends in the business remain weak.

The migration to (cheaper) IP is still going through the process. The company is not out of the woods yet and the operational trends are still weak.