But they are a high profile company. A move like that would be lambasted on social media...

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Mar 20, 2020
10:16:01am

Tokolosh Intervention Needed

But they are a high profile company. A move like that would be lambasted on social media...

whether the buyback makes good business sense or not. Especially since they've had some pretty big rounds of layoffs in the recent past.

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Tokolosh

Bio page: Tokolosh
Joined: Jun 9, 2004
Last login: May 19, 2024
Total posts: 60,682 (5,670 FO)

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Messages

Author

Time

AT&T cancels share repurchase because they'd get lit up if doing it in today's environment.

Tokolosh Intervention Needed

3/20/20 9:49am

Their stock is undervalued and they have cash . . . Seems like now's a great

jkccoug

3/20/20 9:52am

They also have a mountain of debt. I've been a shareholder for quite sometime and their debt burden concerns me.

Pimpin4Paradise

3/20/20 10:40am

Debt is a tough thing not to have in their business. I liked owning it because

jkccoug

3/20/20 10:49am

No stock is undervalued with the crap kind of management they

3/20/20 12:37pm

<< Deleted >>

Abe Froman

3/20/20 10:07am

But they are a high profile company. A move like that would be lambasted on social media...

Tokolosh

3/20/20 10:16am

They should get lit up for not doing it.

SnickSnack

3/20/20 10:08am

Looks like the stock is being punished today

pegushin

3/20/20 10:48am

As it should.

jkccoug

3/20/20 10:50am

Even better for AT&T. Buy back the stock at even lower prices.

SnickSnack

3/20/20 12:13pm

Good point

jkccoug

3/20/20 12:26pm

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