tag:blogger.com,1999:blog-3584696203336871201.post4777480338947075724..comments2008-07-08T13:20:15.138-07:00Dividend Growth Investorhttp://www.blogger.com/profile/11197290990687067072noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3584696203336871201.post-34785793751246791952008-07-08T13:20:00.000-07:002008-07-08T13:20:00.000-07:00David,<BR/><BR/>Thanks for stopping by. Actually the company whose name is AT&T is actually the former SBC, which merged with AT&T in 2005, and later assumed the name of AT&T. Thus i do not think that it's as complicated as analyzing the old grandma bell :-)Dividend Growth Investorhttp://www.blogger.com/profile/11197290990687067072noreply@blogger.comtag:blogger.com,1999:blog-3584696203336871201.post-69636822740283560282008-07-07T18:52:00.000-07:002008-07-07T18:52:00.000-07:00AT&T is a difficult stock to analyze given the number of acquisitions and spin offs over the time period you cover. For example, the EPS decline can be attributable to the the spin off of AT&T Wireless in 2001. Also, Comcast acquired AT&T Broadband in 2002. Then there was the acquisition of AT&T by SBC in 2005. SBC assumed the AT&T name.<BR/><BR/>http://www.corp.att.com/history/milestones.html<BR/><BR/>In the end though, I do like the analysis you have done and enjoy reading the individual company analysis you post.David Templeton, CFAhttp://www.blogger.com/profile/08782216535717865701noreply@blogger.com