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Paramount faces high debt and industry risks, Ross Gerber warns

Paramount faces high debt and industry risks, Ross Gerber warns
Paramount debt level unsustainable, risks rise

Ross Gerber, CEO / President at Gerber Kawasaki, warns that Paramount's debt levels are unsustainable in an industry undergoing rapid change.

He highlights that the company faces high capital costs and that its financial assumptions are not attainable, comparing the situation to the Titanic.

Gerber has recently commented on other industry shifts. He questioned whether Micron's upcoming results might drive market acceptance of a shift in the memory chip sector. Earlier, Gerber expressed anticipation for the arrival of the Tesla roadster after six years of waiting.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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