Thread regarding AT&T layoffs

IBM following GE

T is up 17% this year. Billions in debt has been paid off. Profits are as high as ever. Mobility is growing at its fastest pace in 6 years. Things aren’t perfect but the company is not on the brink of disaster.

At&t is not going out of business. It’s employees are. Big difference. At&t foolishly sold off its server farms and cloud storage service. Short sighted.

T is a c-ap company to work for, however their stock is on a huge discount right now because id--ts like you don’t understand how much cash flow this company has. This debt is nothing and once wall street is confident in T contouring to pay its debt, it’ll easily hit $40+.

This is a repost from the "You owe them nothing" thread by someone that is unable to generate original content.

This is a good post and, on par, makes sense along with especially good points about "crushing" interest rate concerns and "poor strategic choices." That said, every company that has gone bankrupt or has followed a similar path, like a GE, is a history lesson in the past tense and as they like to say, "is not a guarantee of future results."

This last choice of Time Warner’s purchase, did Randy pay too much? That will always be debated but the potential to move T forward is definitely there and the analysts on Wall Street are not running in the opposite direction....on the contrary, they think they see something us regular folks don’t.

I only own a small share of T, just what the company match puts there, but the financial industry seems to like buying up T so, for now, I am willing to wait before passing judgement on the demise of AT&T.

This scenario is much more likely than going out of business. They can make plenty of money with wireless since there is no significant competition. T is not an innovator anymore, and will never be without an equivalent Western Electric or Bell Labs. They are just an integrator and anyone can do that.