AT&T Message Board - Msg: 1048395

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Technology Stocks : AT&T

T 27.22

+1.5%

Feb 4 3:59 PM EST

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To: William Caldwell who wrote (259)	3/23/1997 2:08:00 PM
From: Jack L. Dlugach	of 4298

William: That is correct; as I see it, owning a stock has a lot to do with how you personally feel about its long-term prospects. Value Line is very often way off the market and, after all, those are just opinions like ours; maybe their opinions are researched a little better but they aren't necessarily more accurate. Several of my best stock returns are ones I bought when they were "out of favor" with everyone, Value Line included. All those analysts serve only as investment "tools" and need to be measured against other resources including right here on SI where I've found some of the best information. There are a lot of very smart investors who know their business right here on this thread so I never sell anybody short. (By the way, you are also correct about T's wireless breakthrough: they are the largest wireless operator in the country since they bought McCaw and this new technology is rumored to be a major step forward. It's going to cost billions to deploy and will have to be cost-competitive with and as reliable as telephone service is now but, if it works out, T's growth may explode...if so, someday I'll be looking back and saying T was another one I missed.)

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