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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (220760)2/25/2007 12:43:28 AM
From: Elroy  Read Replies (1) | Respond to of 281500
 
"Uhmmmm, do you know AT&T's balance sheet history, or are you also making this up?"

Do YOU? Or are YOU making stuff up? How old ARE you anyway? AT&T is quite a bit older than you, or me. Do you even know that AT&T used to have a government sanctioned monopoly on ALL telephones in the US? They were ALL AT&T phones.


I have no idea what AT&T's balance sheet has historically looked like, so I wouldn't comment on it. You're the one claiming the balance sheet today, with cash a small % of total debt, is significantly different than it was in the past.

So I looked up T's 1984 balance sheet. It says $853m cash, $161m short term debt and $9.7 billion long term debt.

So 23 years ago the balance sheet looked the same, T had way more debt than cash. Are you claiming it was different 64 years ago? How the heck old are you, Grandpa Parsons?

So, again, are you just making stuff up, or what?