"The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable." - Financial Review, 1985 Warren BUFFETT	Donate with Paypal
- U.S.A. - Canada - U.K. - France - Germany - Japan - Hong-Kong	AT&T - - DOW JONES 30 - Integrated Telecommunication Services AT&T Inc. (AT&T) is a communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. MARGIN OF SAFETY of AT&T : (not calculated) How is the Margin of Safety calculated ? QUALITY : Conservative Investors : Enterprising Investors : What are the Stars ? FORUMS VISIT AT&T FORUM ! Alerts : no buy or sell alert What are the alerts ? Price over 1 year : PRICE, INTRINSIC VALUE & MARGIN OF SAFETY based on GRAHAM's FORMULA What is the Graham's Formula ? AT&T price is : (as of 5/21/2009) USD Current Earnings per Share (2009 est.) are : USD Estimated Long Term Growth (% per Year) is : % INTRINSIC VALUE = MARGIN OF SAFETY = (not calculated) How is Long Term Growth estimated for AT&T ? Historical analysis for AT&T - See detail QUALITATIVE FILTERS FOR AT&T What are the Stars ? DEFENSIVE ENTERPRISING COMPANY SIZE (MKT CAP. Mls $) Very Large 139,712 mls.$ OK The company's Market cap. is above 5000 millions dollars - FINANCIAL CONDITION Current Ratio 0.53 The current ratio is under 2 The current ratio is under 1.5 LT Debt/Net Curr. Assets -3.08 The LTdebt/current assets ratio is negative The LTdebt/current assets ratio is negative EARNINGS STABILITY Losses / 10 - 5 Years 0 / 0 No losses in the past ten years No losses in the past five years DIVIDENDS Years of Dividends 15 15 years of dividend in the past 15 years Current dividends paid EARNINGS GROWTH Growth 10-5 Years -6% / 15%% Total Earnings growth under 33% for the past 10 years Last year earnings above earnings 5 years ago VALUATION P.E. x P/Book 16.53 P.E. x P/Book is under 22.5 P/Book is under 1.20 P.E. 11.4 OK PE is under 15 - P/Book 1.45 OK P/Book is under 1.5 NO P/Book is above 1.2 AT&T - Competitors for Integrated Telecommunication Services   STOCK QUALITY Conservative Investors MARGIN OF SAFETY Long Term Growth Price / Earnings   TELUS - Canada TSE60 Integrated Telecommunication Services MARGIN OF SAFETY : 260.98 % Long Term Growth : 13.00 % Price / Earnings : 9.6 x 30.96 / 3.24 = BT Group - U.K. FTSE 100 Integrated Telecommunication Services MARGIN OF SAFETY : 189.41 % Long Term Growth : 5.03 % Price / Earnings : 6.4 x 86.3 / 13.46 = CenturyTel - U.S.A. SP 500 Integrated Telecommunication Services MARGIN OF SAFETY : 163.11 % Long Term Growth : 7.72 % Price / Earnings : 9.1 x 29.66 / 3.26 = TELESP - Brazil Bovespa Integrated Telecommunication Services MARGIN OF SAFETY : 124.51 % Long Term Growth : 6.01 % Price / Earnings : 9.1 x 44.8 / 4.90 = Bell Aliant Reg - Canada SP/TSX Comp. Integrated Telecommunication Services MARGIN OF SAFETY : 114.95 % Long Term Growth : 9.37 % Price / Earnings : 12.7 x 25.1 / 1.98 = Singtel - Singapore Strait-Times Integrated Telecommunication Services MARGIN OF SAFETY : 84.16 % Long Term Growth : 7.05 % Price / Earnings : 12.4 x 2.86 / 0.23 = Manitoba Telecom - Canada SP/TSX Comp. Integrated Telecommunication Services MARGIN OF SAFETY : 61.76 % Long Term Growth : 5.10 % Price / Earnings : 11.6 x 33.31 / 2.88 = NTT - Tokyo Nikkei 225 Integrated Telecommunication Services MARGIN OF SAFETY : 59.20 % Long Term Growth : 4.25 % Price / Earnings : 10.7 x 3920 / 366.94 = Verizon Comms - U.S.A. DOW JONES 30 Integrated Telecommunication Services MARGIN OF SAFETY : 19.09 % Long Term Growth : 2.56 % Price / Earnings : 11.4 x 29.16 / 2.55 = PCCW - Hong-Kong Hang-Seng Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 7.3 x 2.32 / 0.32 = KT Corp - Korea Kospi50 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 11.9 x 35800 / 3001.65 = Afone - France Mid&Small 190 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : -1.9 x 3.7 / -1.91 = BCE - Canada TSE60 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 10.0 x 23.91 / 2.38 = Belgacom - Belgium BEL20 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 9.1 x 22.22 / 2.44 = Brasil Telecom - Brazil Bovespa Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 6.3 x 13.76 / 2.19 = Brasil Tel Par - Brazil Bovespa Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 6.8 x 17.16 / 2.51 = Chunghwa Telecom - U.S.A. (no index) Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 14.0 x 18.28 / 1.31 = Completel Europe - France Mid&Small 190 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : -73.8 x 31 / -0.42 = Deutsche Telekom - Germany DAX 30 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 11.1 x 8.21 / 0.74 = Embarq - U.S.A. SP 500 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 7.9 x 40.24 / 5.11 = France Telecom - France CAC 40 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 8.5 x 16.69 / 1.96 = KPN - Nederland AEX25 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 10.4 x 9.32 / 0.90 = MTNL - India Nifty50 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 23.0 x 93.3 / 4.05 = Qwest Comms Intl - U.S.A. SP 500 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 11.0 x 4.07 / 0.37 = AT&T - U.S.A. DOW JONES 30 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 11.4 x 23.67 / 2.07 = Telemar Nort Les - Brazil Bovespa Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 9.0 x 55.25 / 6.12 = Tele Norte Leste - Brazil Bovespa Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 7.5 x 33.81 / 4.49 = Windstream - U.S.A. SP 500 Integrated Telecommunication Services MARGIN OF SAFETY : 0.00 % Long Term Growth : 0.00 % Price / Earnings : 9.3 x 8.21 / 0.88 = China Unicom - Hong-Kong Hang-Seng Integrated Telecommunication Services MARGIN OF SAFETY : -9.69 % Long Term Growth : 4.47 % Price / Earnings : 19.3 x 9.46 / 0.49 =