T stock up 40% in the last year. 18% YTD. Probably break above $20/share this week. RTO and management layoffs is working.
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when ATT misses revenue again in the 3rd quarter, it will interesting to see the streets reaction. Of course, anyone who has paid attention knows that Stankey does not know how to grow a company, only to cut expenses. What happens when we get to the baseline in expenses, and the Stank still cannot grow revenue. Remember, ATT has spent $40B in capex in the last 19 mos and revenue has declined.
Celebrating a dollar up when the stock is still down 40% before inflation. What a maroon.
it's just inflation. i.e. dollar weakening.
I'm going to save it! As long as I'm ok, then it's ok. OK??
The folks working their CP assignments are really bringing it up.
A-s-kissing troll!
Lol - the stock price is the same as it was in 1997. Great investment!!
Still a long way from the pre-Covid days and still down compared to other telecoms! It's really disgraceful how poorly T stock has performed over the last 5 years!
Poppa Stank let the air out of the tires 5 years ago with all the M&A failures. We're still down 25% from 5 years ago. So, yeah, celebrate that Capn Cozy jammies has tortured employees and shed customers and now we’re riding on bald tires with low air. One road hazard (like a strike) will put us back in the ditch. Yay fan boyz!
OP-
Your joking right?!?! Your getting excited over $20?!?!
Wait for it, it will go back down, it always does!
You must have just started with T.
T stock is going no where but down!
You really think our debt load is going away anytime soon?
Maybe. There is an elephant in the room, and that is the Federal government with elephant size debt. And if government inflates away the federal debt, that inflation will inflate away AT&T's debt. And I don't see an available alternative for the federal government.
Yay! That's what's called, " putting some Stank on it! "
That's how you do it! Take care of the company, and the company will take care of you!!
Stock price is rising so is T debt.
It’s been a bad investment for 10 years. Maybe good if you bought during the lead cable price drops.
If you invested in S&P 500 you are still ahead. I just move my money every few months from AT&T Shares fund that company contribution goes to, to one of the large company index funds in our 401k. Those large company index funds are great and overall if you just leave it there, return average more than 10% year. Best deal around. Remember kids compounding over many years is your best friend.
Lol yeah ok John. The stock price is up. lol
Cutting heads while the ship is sinking is nothing more than bailing water out with a bucket. You really think our debt load is going away anytime soon? What’s the strategy next year when there aren’t anymore bodies to throw overboard?
In our case a dollar saved is not a dollar earned.
Sure employees get cut, roles get redefined, systems get retired, but there’s always some amount of residual workload that morphs into ‘something’ for ‘someone’ to do.
A little longer to restore a system, a few more emails to manage, a gap discovered in process, more research or find answers, less productivity, more mistakes, missed requirements, less efficiency, knowledge drain. a missed deadline, a frustrated business client, loss of confidence, loss of expertise. Who knows really. One thing we do know is that it all eventually translates into another check being written to someone else.
Sure automation and GenAI will fill many gaps. Salesforce, ServiceNow and the mighty Azure will save the day, but it won’t save the company any money. It just changes who we write the checks to. (We learned that the hard way with Azure). We’ll pay even more in so many other ways as we become fully vendor driven, locked in, handcuffed, and choking on contracts stacked high against the towering and mighty AT&T money tree.
Less employees sure, but no, we’re certainly not saving any money, not anytime soon. So good luck with that magic water pale. Keep scooping. While you’re at it, make sure you have plenty of wood for that smokescreen.
We learned that with Azure.We’ll learn more lessons on the others soon enough.
“…is working”
Yeh, only to further line his pockets with more ill gotten gains!
Interest rate cuts are coming in September, Powell announced it last fed meeting, you wa-ker.
Has nothing to do with Stankey and everything to do with rates.
The entire market is doing well. A rising tide lifts all ships.
Just think how much better we'd be with real leadership.