Thread regarding AT&T layoffs

Lobby for tax breaks and money for new regulated government programs. Build infrastructure on govt dime. Depreciate and amortize everything. Deregulate and eliminate. Like printing your own money. So easy even a cowboy could do it. How did they screw this up?

The fact that the new go to word for AT&T executives is EBITDA and not profits tells you all you need to know. Stephenson's buying spree to hide a failing business model has caused a financial nightmare. They can't cut dividends because stock price will plummet. They can't cut debt payments. They only thing they see now is cutting service and increasing price for that service. Oh, and did I mention replacing competent personnel with cheaper and green contractors with dubious credentials? T is starting to list heavily and it is only a matter of time before Stephenson is shown the door.

I posted as @nib and I see the posts, I understand the concerns....even my ownership in T is but a small portion of my overall portfolio so I have little to worry about. But again, we are mostly armchair quarterbacks in this room, we look at the statistics, which I clearly saw also (thanks ayw - Yahoo post) and suddenly we think we know all there is to know about T, So again, p" I ask the most logical question, “what do you see that the analyst & experts don’t?

Here are the replies I get from the self prescribed room experts:

“Falling revenues will not be as bad as a reduction in cash flow.” You state the obvious, if it happens.

“Here’s the ugly truth.” I will set that right behind an article that says AT&T is ready to rumble!

“We are buying other companies and hiding AT&T’s declining revenue.” My answer is yes we are, and how do you know?

Honestly, I take in an fair amount of skepticism with every analyst that touts a stock I like.....but most of them know how to read the “overall” reports better than us. Will a stock get past them, like GE, certainly....Warren Buffett is more than good but even he doesn’t always pick them right all the time.

@ayw the overall number looks like it is oncreasing, but notice that it is not increasing by the same amount as adding ATT revenue to the acquired company's revenue. We are buying other companies and hiding ATT's declining revenue behind d those companies' profits. Last quarter, legacy ATT revenue was a Billion less than the same quarter last year. This is exactly hoe GE went down.

https://walletinvestor.com/stock-forecast/t-stock-prediction

Here is the ugly Truth.

T will crash and burn when the real 5G rolls out. Your retirement will be worthless. Analysts were wrong about GE.

@Y9dIJJI, no disrespect meant, but I’m trying to understand what you secretly know beyond “Falling Revenues” that all the Wall St Analysts are obviously unaware of:

Bank of America, Duetsche Bank, Moffet Nathan’s, Raymond James, UBS, Baird RW, Edward Jones, JP Morgan, Morgan Stanley, Oppenheimer, Wells Fargo....and I skipped too many to count.....All Buys, Strong Buy or even Holds, which is a far cry from Sell!

The overall consensus is a pricing avg of $34-$35 near term and I only named just a few of the big names. Hundreds of firms track T and the consensus is that the sky is very far from falling.

I’m just a patient income investor with T as part of my 401K. The stocks dividends buy more stock, T’s match to my 401K buys more, and as it builds it makes for a descent self made annuity upon retirement.

So once more I ask, what do you see that the analysts missed?

Yahoo Finance - T Revenues:

-EOY 2015 - $146,801,000

-EOY 2016 - $163,786,000

-EOY 2017 - $160,546,000

-EOY 2018 - $170,756,000

It's not falling revenues. It's net income which was down from $29.8 billion in 2017 to $19.9 n 2018.

Compare T to Verizon. T earned about $72,000 per employee while V earned $104,000.

They want profit to pay down the $180 billion in debt.

“Welcome to 2019, which will be like 2008-09, only 10 times worse and this time there will be nobody come to the rescue.”

Any sources for this opinion?

Falling revenues will not be as bad as a reduction in cash flow.