T only has value if the management does not go with the purchase. And it's too expensive if you have to pay them to go away.
Talk about a poison pill, AT&T executive management can bring any enterprise to it's knees.
You might very well be right. My only question is whether the stock has already priced in the takevver. We've gone from $14.50
to almost $20 in a short period of time. My guess is it would pop at least $3-$4 though and that would make for a nice double on the calls.