AT&T Message Board - Msg: 4911795

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Technology Stocks : AT&T

T 25.95

+1.7%

Nov 21 9:30 AM EST

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To: Raptech who wrote (1378)	6/18/1998 1:31:00 AM
From: Sjp	Read Replies (2) of 4298

T has been very solid particularly considering this wild market. However, T will need to post some solid numbers next quarter based on sales and not job cuts or retirees. Wall Street and shareholders are no longer ignorant to the fact that just making quarterly earnings projections isn't the bottom line...they want sales creating it---not just cuts in head count. This is why AT&T took a hit last quarter even though they hit their earnings. People are not schmucks to the creative methods of accounting. T is at a major crossroads in its life. It will be interesting to see how it all plays out over the next 36 months. If they continue on their present course, they have a strong chance of following in IBM's shoes. If they can shed their monopolistic mentality (which in my mind means getting rid of a lot of AT&T dinosaur employees still living in the T glory of yester-year), they have a shot. They must adopt a totally different attitude. Armstong is a start but he's only one person---albeit the Top Dog. If they stay the present course, T will be dramatically different from its current state in a short period of time.

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