Msg. 00507 of 47202 (This msg. is a reply to
00506 by
ribit)
Jump:
ribit, I still have enough stock
that I get eight grand a year from
AT&T. I did make some bad mistakes
over the years. With the spin off
of Lucent, I bailed out of it in
my retirement account at $60 a
share. Had I waited until the
company sold it after a year, I
would have gotten $180 a share.
It seems that I have been good
at shooting myself in the foot.
After retirement I left my account
with Fidelity for about 5 years.
Then I finally figured my AT&T
fund was not in AT&T stock.
Fidelity got all the dividends.
My money was in an AT&T stock FUND,
not stock. Then I took a stock
distribution. The dividends have
paid me more than bank interest
rates. OF COURSE, if I had not
screwed up on Lucent, I would be
getting about three times as much
in dividends.
dgp
I got out of AT&T stock when I finally realized that from the top down to the bottome with few execptions that there was no one in management qualified to sell sno-cones at a little league game.
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