Thread regarding AT&T layoffs

Dump AT&T Stock

Feel for those bellheads that never look and have left years of 401k matching in ATT stock if they didn't learn from Lucent the first time.

Reverse split coming with a default on debt. Cut of dividend. GE 2.0. Too big to fail with government protection most likely Chapter 11 or broken up

Positive: Large customer base, brand recognition, revenue stream, vast fiber and wireless assets

Negative: High debt, slow growth, unsustainable dividend, regulatory problems, outdated systems, management, loss of strategy, low investor confidence

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Post ID: @OP+1nEPKO9U

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Hope the severance checks don’t bounce.

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Post ID: @dhw+1nEPKO9U

Many of You were warned for years, now it is time to face the music, and perhaps to learn from it!

1- FIND YOURSELF A COMPANY THAT HELP YOU ACHIEVE YOUR DREAMS

2- DO NOT INVEST IN ATT STOCK

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Post ID: @slv+1nEPKO9U

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