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Our "Baby Bells" are Ringing up Gains at 2006-03-09 21:54:08
We have owned Verizon (VZ) and AT&T (T formerly SBC) since February 2004. Both companies were deep value, high dividend plays. Like most undervalued blue chips, often things take a few years to turnaround.
For value investors, the cash register is beginning to ring. Here are some recent technical comments from Dorsey Wright on the telecoms:
In yesterday’s report, we discu
Source - http://www.johnmugarian.com/archives/2006/03/our_baby_bells_are_ringing_up_gains...
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