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Technology Stocks : AT&T
T 27.13-0.7%Feb 6 9:30 AM EST

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To: SStam who wrote (229)3/10/1997 7:58:00 AM
From: Mike McFarland   of 4298
 
Short term trader here.

So maybe you can all tell me how nuts I am for buying April 40 calls. You can compare this company to lots of the other biggies and it looks terrific on a PE basis. So, are newbies like me going to get screwd, why is nobody buying T at these prices? (Yes I've heard about the temporary lower earnings--so what, are these not still good earnings for a $35 dollar stock. I was looking at Wrigley today after seeing an article on Barrons.com--now there's a pricey stock. Sure hope the pizza boxes work, I've got no reason to stay with GTE.

Oh, and here's a good one. GTE sends me this postcard offering to give me 14 cents a minute for all my long distance--sorry GTE, AT&T is a dime a minute, 24 hours a day, 7 days a week (you just have to ask and sign up for five bucks a month).

Buy this stock darn it! I still have not made any money with options and am starting to think I'm an idiot:)
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