Home › Forums › Financial Markets/Economics › Anybody picking up ATT stock? › T has done a good job of
T has done a good job of wasting shareholder value. The relative performance has been pretty crappy.
Sometimes I get tempted, but the EV is already $465B and sitting on $200B of debt.
https://activatingatt.com/wp-content/uploads/2019/09/Elliotts-Letter-to-ATT_09092019.pdf Sounds interesting, but a 60% increase would mean AT&T is at $740B company – I just find that hard to believe.
And who’s heard of a company where it’s better to buy your stock because of the dividends than it is to pay off the debt…
