Thread regarding AT&T layoffs

you are not using att creative financing that stand and rand use.

Legg said he was excited about selling api access to companies. Not sure how many api’s are left to make money that differentiates from the free ones we provide, but ooooh k. Legg wants to rent out parking spaces basically. Someone should ask Legg to make everyone’s data secure and the networks reliable. That would be a good start. Maybe Legg could do that instead of his pretend-dr-gged Town Halls. Just a thought big Jer 😉

"T isn’t a good investment"

Stankey even admitted this on his town hall. "We are at about $17 because we are worth $17 while we meet or slightly exceed expectations." But it doesn't seem he really has anything up his sleeve to truly exceed expectations and be worth more. Legg keeps talking about innovative products adding value to our networks, but seems to be sitting back waiting for a workforce that is demoralized and unmotivated to "bring him something good." Meanwhile, they are letting (pushing) many of the most experienced and innovative people that could provide that innovative product out the door. And while the message is that Legg's org is hiring, there seems to be little evidence of that, except for an exception here or there (compared to the hundreds or thousands leaving or being laid off).

Stankey (otherwise known as Lord Faruaad in my mind) seems happy with $17 and stomping his little feet to get his way.

“The stock was around $18/share back then. That's $555 in annual dividends. Since you're talking about appreciation of shares not sold, it's fair to calculate these dividends as rolled over to additional shares. Over 20 years, this puts the total return at $62,832. You'd have still been better off buying any of the FAANG stocks back then.”

This calculation is assuming constant price average of $18 a share though.
You have to integrate over time to find the actual value taking each quarter over 20 years and adding them all up.
The final number is ~$40k actually, vs SPY $70k

It’s pathetic.

“Complaining about stock performance... do you even own stock or just complaining for a friend?”

No, I sell all my T the second it hits my port and buy NVDA, MSFT, VOO, and other stocks that actually go up because I like money.

“If you would have bought AT&T stock 20 years ago, you would have collected pretty good dividend. And if you sold at $37, made a good profit. Buy back in around $14 or $15, you would be looking even better.”

Or you could have just literally bought the index 20 years ago and made even more factoring in dividends.
I did this calculation in a previous post.
$10k purchase of stock 20 years ago would be worth ~40k today with dividends principal would be worth less than $10k.

$10k of SPY purchased 20 years ago would be worth north of $70k with dividends.

The point is to beat the index, if not why are you even buying individual stocks?

T isn’t a good investment, period and anyone who says it is is misinformed, stupid, using old ‘muh dividend’ boomer logic that doesn’t apply to modern markets, or just a shill.

If you would have bought AT&T stock 20 years ago, you would have collected pretty good dividend. And if you sold at $37, made a good profit. Buy back in around $14 or $15, you would be looking even better.

Complaining about stock performance... do you even own stock or just complaining for a friend?

Stanley and Randall and the leadership they put in place are responsible for this dismal performance....absolutely amazing Stinky Stankey is still here.

The stock was around $18/share back then. That's $555 in annual dividends. Since you're talking about appreciation of shares not sold, it's fair to calculate these dividends as rolled over to additional shares. Over 20 years, this puts the total return at
$62,832.

You'd have still been better off buying any of the FAANG stocks back then.

If you had spent $10k on AT&T 20 years ago, that means you had no clue about investing.