"More than 30 companies worldwide have asked to license AT&T’s Digital Life product, which lets customers watch over their homes for leaks and break-ins from a mobile device, said Glenn Lurie, president of emerging devices, in an interview from the Mobile World Congress in Barcelona."
As Randall correctly pointed out yesterday, AT&T is becoming a technology company with leadership in data security coupled with an attractive yield of 5.00% makes the stock grossly undervalued.
Seems like every morning AT&T gets great news out but by the end of the day the stock price is down. However the 200 DMA is moving up and T has been trading just above it for over a month. The long term trend is up and the yield is more like 100% if you sell the calls every morning and buy them back in the afternoon. Of course you must have over $25,000 in your account to do that. Otherwise buy calls at the close and sell them at the open. It is a wonderful life.