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AT&T, Inc. Message Board

  • pjcret pjcret Dec 18, 1997 7:14 PM Flag

    Bd of Directors Sandbag Stockholders

    Suddenly everthing Armstrong is doing is right. Bob Allen was
    slated to sell the Universal Card and ATT Leasing etc. so why did it take so long? Policy and directives are made by the Bd of Dir. Executives just implement them.

    The Bd of Dir. OK'd Walter so why did they not go with him
    when everyone including the financial markets were being surpised by his depth an Executive ability? Why make Bob
    Allen the scapegoat when this same click OK'd the NCR
    buyout as well as Walters. Full of tricks to make stockholders
    panic? Well a great many did especially by the lack of faith by the financial community. These guys are not dummys. They
    bounce things around for a time knowing the consequences
    of their actions and the shot is called.

    This smells like a class action!

36.47+0.26(+0.72%)Feb 12 4:02 PMEST