I'm curious about what other people think about this. We've seen this management make so many wrong decisions that could bring a smaller company to its knees, but not AT&T. I'm thinking there is nothing that can be done that would result in the company's demise, at least not in the following two or three decades.
Am I wrong?
45% chance of failure? Too close to 50/50. BAD!!! Scary too.
Reading this made me curious so I hunted around and found this: Based on latest financial disclosure ATT has Probability Of Bankruptcy of 40.0%. This is 22.51% lower than that of the Communication Services sector, and 18.68% lower than that of Telecom Services industry, This indicator is about the same for all stocks average (which is currently at 39.83).
I have no idea who Macroaxis is, but they are the source of this info: https://www.macroaxis.com/invest/ratio/T–Probability-Of-Bankruptcy
??? 'SBC' does = 'Screwed By Cowboys',,,,,, and not the Dallas NFL Team,,,,,,, ??????
I don't care if T pays down their debt tomorrow. You have to customers in the long run.
"Financial experts are saying T's chances of bankruptcy are right at 45% right now. That isn't very good news, but it is believable. Could another Enron happen? You betcha. "
Can you provide a link or reference for that?
Enron faked its earnings with false accounting.
After a while there won't be many more people laid off or things that can be sold.
Keep your eye on the financials to see quarter-by-quarter if they are making money, reducing debt and expanding the company. If not, then you'll know if they are succeeding or failing.
Most companies disappear over time. More than half of the companies in the SP500 from 40 years ago are gone. The market is NEVER wrong.
Financial experts are saying T's chances of bankruptcy are right at 45% right now. That isn't very good news, but it is believable. Could another Enron happen? You betcha.
Give Stank a chance - He can make it fail - the outsourcing has begun
Exec bonuses must increase - sell off parts and pieces, surplus workers
That's how to increase revenue and cut costs increase exec bonuses
Next up - how do the execs get your pension for their bonus
They will pay the debt with it, is it ready for bankruptcy yet, so we can flush the pension -
Look for the signs - their greed and lies will end this company, they trade big bonuses for the destruction of ATO, DTV, selling off real estate any and all assets
Do you really think the execs care or are you just a number so they get rich
Big enough to get picked apart by the competition year after year coming from all angles. Leadership has only made it much easier and quicker for these smaller players to gain share at Ts expense. T is going to get picked apart but the question. Is how long will it take. Randall and Board decisions are bringing on the date of death much quicker than what it would be with more competence and less hubris steering the ship.
$T can become small enough to fail, eventually
toys R us, Hostess? LMAO
Kodak, Sears, Motorola, Pan Am, TWA, toys R Us, Hostess, Sony, Atari, AOL, Nortel, and Enron
Nope, AT&T has nothing to worry about
We’re basically the water company. People need water. You could try to buy it bottled or drink your fill at a restaurant - but you still need it at home for flushing toilets, washing machines and showering. You can’t live without water. We’re the exact same business - people have shown us they cannot live without their smartphone. But imagine the water company bought the Kool-Aid company because you need water to make cool aid right? Now imagine the water company to force Kool-Aid onto every customer and employee. Then image the population moves away from Kool-Aid and starts drinking $6 coffee drinks and nobody wants Kool-Aid anymore. It’s like us buying DTV and NFL Sunday Ticket and Warner Bros and trying to force it down the throat of a population that is more content with Netflix and YouTube. AT&T spent more than $120 Billion ($40B DTV + $80B Warner) for Kool-Aid. And I ain’t drinking it!
AT&T (Corp) did fall, run into the ground by C. Michael Armstrong. Its residue was acquired by SBC, who assumed the AT&T moniker. But, what we really have here is SBC that calls itself AT&T.
No. Companies like T even as big as they are can be stripped and sold piece by piece.
The pure size, and breadth of the company, allows them to Flaunder in some area and they have other areas that make up for it. Of course all these things most think are mistakes or bad decisions are actually planned experiments that fail fast. From corporate perspective AT&T is actually a successful company, and makes more money than most.