A year ago today T closed at $27.95 and began a steady climb until $38 at the end of July. A 36% increase. Beat inflation by a long shot. Since July we spent two months in the $37 to $38 range then dropped the next two months to close at $33.62 today. Look for T to trade at $33.50 +- $1.00 for the rest of this year. The $30 in Feb depends on what the overall market does after January 1.