Call to Oust Comcast's Roberts By Investor Draws Mixed Reviews

January 19, 2008

Despite widespread disillusionment with the recent stock performance of cable operator Comcast Corp., Wall Street appeared to be divided over whether a major shareholder's call for the ouster of the company's chief executive makes sense.

Chieftain Capital Management Inc., which manages 60.5 million Comcast shares, or about 2% of its stock outstanding, this week wrote to Comcast calling for the ouster of CEO Brian Roberts, describing his management as a "Comcastrophe" for shareholders after a decade of "zero return."

For the full article in the January 19, 2008 Wall Street Journal Online, click here.

For FoxNews.com coverage, click here.

For an analysis in Motley Fool, click here.