yep, they are short on cash again. in my house hold when if we can pay our monthly expenses we do not go shopping. that is what T is doing. they will have to raise the cash somehow and it is not good news for common holders. just saying
Cash flow is more important than cash on hand and T is a cash flow machine. Following is the conclusion of a Jan. Wall Street report:
AT&T does have to deal with access line losses, intense competition, and iPhone subsidies, but the positives greatly outweigh the negatives. These positives include excellent cash flow, steady revenue growth, solid guidance, increased subscribers, U-Verse expansion, and a 5.30 percent yield. The Forward P/E is also just 12.59.
AT&T’s stock isn’t likely to be as strong as it has been over the past three years, but it’s still an OUTPERFORM.