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To: Susan Saline who wrote (23298)5/11/2000 11:47:00 AM
From: E.J. Neitz Jr  Read Replies (2) | Respond to of 53068
 
Susan- As a deep value investor, started to acquire T

Reminds me where IBM was a few years ago around $45. No one wanted it. Anyway, it is unusual to find a large cap such as ATT at such a valuation. My approach is to scale-in. ATT has a lot of hidden internet and technolgy related assets.
Think a lot of funds used T recently to free cash to meet redemptions.