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Technology Stocks : AT&T
T 27.13-0.7%Feb 6 9:30 AM EST
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To: Seeker2007 who wrote (226)3/10/1997 4:43:00 AM
From: SStam   of 4298
 
Shankar: After the market place heard about T's Black Box it rose to 41 and then a few days later, after T's Conference call when it revealed its short-term capital drain to build its new equipment, then it would impact negatively on earnings, the price dropped considerably. Wall Street Anaylst are so myopic in their analysis of corporation fundamentals. Frnakly, I agree that residents will respond favorably to this new way to bring cellular and added features into their homes if the price becomes cost-effective. It is evident that growth is dependent on capital investment on new infrastructure, new equipment, innovative ways to improve connectivity, communication, and options to achieve better results. Having said this, how long it will take for T's investment to begin impacting on their net income is a question for the short=term trader. Long-Term it looks good to me!
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