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Daily Speculations The Web Site of Victor Niederhoffer & Laurel Kenner Dedicated to the scientific method, free markets, deflating ballyhoo, creating value, and laughter; a forum for us to use our meager abilities to make the world of specinvestments a better place. |
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7/26/04
Mr E: The End
of a Love Affair
ATT isn't earning its dividend
It's far too overpriced to be acquired
The effect on New Jersey where there are still thousands of employees.. and huge tax paying land and offices.. is still far from the maddening analysis of Wall Street
But the long love affair with widows and orphans is coming to an end
We must thank the American government and its socialist states and the trial lawyers and SEC and FCC for destroying one of the greatest capitalist angels and replaced it with - ?
