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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (4249)	5/9/2021 12:26:14 PM
From: robert b furman	2 Recommendations Recommended By Jon Koplik Lee Lichterman III Respond to of 4298

Hi Lee, Always good to hear the other side from a good trader. I have it for its dividend income. Direct TV was a disaster. I don't see people giving up their smartphones and I do see that streaming will become more and more embraced. When in Wisconsin we project streaming from our laptops onto our TV from our Houston streaming ap. Many young kids do not have cable, but they live on their smartphone. T did learn the evolution the hard way. Thus the selling of part of Direct TV. When HBO MAX was initially announced it was "very expensive @ 14.99". Then everyone else started bumping up their streaming service prices. T does have a very good and fast network system as defined by the First Net program that serves first responders. It's quality has been a source of new enrollments from those who use it. They also indicate that with HBO-MAX the subscribers are more sticky. T's churn is now at record lows - a sign of customer preference of the system's quality. T's past acquisitions have been poor. The purchase of Time Warner included many non core assets and there are more to be monetized. They have done a good job of debt reduction - with more to go for sure. I like that they got out of the discounting business and have quality subscribers. I think they will slowly prove HBO MAX to be gaining market share and acceptance with their user base. When/If that happens T will be in the 40's and I'll be enjoying a 6.69% yield on the current dividend of $2.08. Not a dynamo position but it pays nicely on 4 glorious days a year. <smile> Thanks for your view! Bob