Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (951)	11/9/1998 8:28:00 PM
From: porcupine --''''>	Read Replies (1) of 1722

Sanford Bernstein late Tuesday (10/27/98) said it raised its 1998 earnings estimate on AT&T CORP to $3.44 from $3.40 and increased the 1999 estimate to $4.20 a share from $4.05 a share. The 1999 forecast excludes the pending acquisition of Telefrom continuing operations of $2.1 bln or $1 a share, compared with $1.1 bln or $0.60 a share a year ago. They said AT&T reported a general strong quarter as the highlights, including wireless, the solutions business and costs controls, morentinues to rate AT&T as an outperform. (Reuters 09:53 PM ET 10/27/98)

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