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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Tradelite who wrote (30631)4/1/1999 2:14:00 PM
From: Joe Hoek  Read Replies (1) of 120523
 
Tradelite - I'm not sure why the Street doesn't like T right now. Hopefully it's just in a consolidation phase right now and will go much higher. They've been getting good contracts and Mike Armstrong has been doing all the right moves. I've got quite a bit in my IRA and don't like the recent action, but it did go from mid 60's to mid 90's real quick (For a stock like AT&T). If it goes much lower then I'll start to worry. I too think the split will drive the price higher though it doesn't make much sense in reality.

I think they need to change the name to ATT.COM and it will be $300 in no time. <g>
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