AT&T Inc (T)

[Tower of Hanoi]

@Neb-I couldn't have said it better myself. I'm getting less and less interested in having anything to do with this stock.

What are we all looking for here-the dividend of course, and the fear is that we've got a potential GE type situation developing.

That "fear" has to be resolved by a much lower price, AND a resolution to their current credit status. The dividend must stay @$2 a share/year. This is an "equity bond."

I'd advise folks to sign up for a free account over at Moody's and read the reports and at least know your stock's credit rating. Not all are rated.

T is currently Baa1 but is under review for a downgrade. (Baa1,2 and 3 are the lowest rungs of Investment grade credit at Moodys) A downgrade in itself is not terrible, but it ain't good either. It also depends how MUCH of a downgrade, if one occurred.

MY OWN DUMB OPINION DO YOUR OWN DD FOR GOD'S SAKE!!!!