On a positive note, it’s hard to believe that this company will be around, in its current form, for more than a couple more years. That gives me hope. Once restructured, poor performing (most of them) sold off, and proper leadership put in place, hopefully the stock price will go through the roof.
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dream on
Agreed, current T reminds me of the T from the late 90's after the BOD removed Mr. Armstrong and sold off all the assets for a penny on the $ because the brilliant BOD could not see that Bernie Ebbers was perpetuating the biggest fraud in American history (at the time).
But Ratty, Stinky and the BOD will not relinquish until they have s—ed out every dime they can to enrich themselves.
But this time the problem is who will buy T? I don't see anyone that would want it even after it spun off (dumped) all the Ratty $hit he overpaid for.
Perhaps T will become the future Kodak, or GE. Do don't expect T stock price to ever go through the roof. It is headed to single digits, if not zero. And even when it does, Ratty and Stinky will be enoying their lavish retirement while the rest of us on under Pension Guarantee Program getting a penny on the $ of pension benefits.