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AT&T @ widgette.com

Company Profile

AT&T (stock symbol = T) originally stood for American Telephone & Telegraph. They became a monopoly in that area. Then, the U.S. government broke them up -- separating them from all their wires and cables. Now, they have a vested interested in these companies: MediaOne, Microsoft, Comcast, Tele-Communications Inc. (TCI), @home, and Excite.com.

Though these relationships could make them The Corporate Giant in the area of Internet, broadband and cable services, what will the acquisition of all these wires and cables mean?

Acquisition Costs

April 26, 1999
Buy 25 Shares @ 52 3/4 T AT&T Corporation $1,326.23
Commission $7.98
TOTAL $1,326.23

April 30, 1999

Buy 25 Shares @ 51 3/16 T AT&T Corporation $1,326.23
Commission $14.95
TOTAL $1,294.64

Capital Gains

June 21, 1999

SOLD 25 @ 56 7/16 (less commission)

Net proceeds from the sale. $1,403.46
Less acquisition costs = net profit before taxes (Capital Gains) $77.24

Current position is 25 shares.

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