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Technology Stocks : AT&T
T 24.65+0.8%Dec 24 12:59 PM EST

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To: LOGAN12 who wrote (2030)3/12/1999 12:54:00 AM
From: Anonymous  Read Replies (1) of 4298
 
"What is up with T? Nothing for weeks..."

Back on Thursday, January 7, T closed at 82 1/4. The following day they announced that they would be splitting 3 for 2 sometime in the future...no definite date was given. That announcement was enough to create some interest in the stock and by Wednesday, February 3, roughly 17 trading days later the stock peaked and closed at 95.

It is now 25 trading days since the peak and T is back where it was before the announcement of the impending split.

Armstrong needs to make another announcement of some sort or another to get things rolling again. T did not participate in the DOW rally going on since last Friday except to fall a little further (or is that farther?)

Anonymous
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