SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AT&T
T 24.58+1.2%Dec 12 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Soumen Barua who wrote (2144)4/7/1999 6:25:00 AM
From: Racso  Read Replies (1) of 4298
 
Hello thread: the $3 minimum fee to be charged by AT&T is excellent news and appears to have provided momentum. Assuming this charge will apply to 15% of AT%T's long distance costumers, i.e. 10.5mm accounts,
it represents $378MM of additional revenues going straight into operating earnings. For the current year the pre-tax impact is 8.5c per share. For next year the impact is 17c per share.
Yesterday's market reaction was very enthusiastic.The stock took off
in the last 30 minutes with heavy volume equal to 60% more than the average trading for the last six months.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News