Atlast someone sees the writing!

https://www.investors.com/news/technology/att-stock-t-stock-downgraded-after-rally/

So much for rigging the finance news and analysts just to hype up a dud ... it appears that someone is taking advantage of pump and dump ( Elliot??).

All its sectors ( Mobility = cash cow; to be competitive it needs 5G ( investment heavy means more debt) EG is subject to the winds of change ...purely because of greed they k–led a golden goose) HBO, Time Warner are all outdated assets and with ATSC 3.0 and popularity of multi channel OTA, I predict a resurgence of the plain old antenna based TV, loCast based free streaming to mobiles etc)

Good-f-*in-riddance!!

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“MoffettNathanson hasn’t had a positive thing to say about T in over ten years.“

That’s about right. Randy took the helm in 2007 and t mob deal in 2011 and it’s been down hill ever since.

MoffettNathanson hasn’t had a positive thing to say about T in over ten years.

MoffettNathanson analyst Moffett called entertainment a cancer, said they need to focus on wireless and downgraded T to a sell. Stock dropped 4% Tuesday and down almost 2% more in after hours. Elliott management is correct that Stephenson needs to go and Stankey is not the one to succeed him. Stankey is a big problem with his Arrogance and bullying driving out top talent

I wondered why the stock took a 4% hit today. Now I know :D

Now if only we could convince the Ivory Palace folks that this company isn't the most amazing and admired thing they all like to pretend it is.

I figure we'll see an email downplaying the drop by the end of the week.

Oh well. Some tech dev VPs announced their departure today. My guess there is a lot more to come as randy needs to get people off of payroll to pay down his debt and to keep the dividend going.

Thread regarding AT&T layoffs

Atlast someone sees the writing!

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