The problem with telecom is not only that it's going through the same economic issues as the rest of the market, but that it's also an industry in transition. Five years ago, AT&T's primary competitors were MCI and Sprint, and now it's the Bells and cable companies. Investors aren't sure what the industry is going to look like and which horse to put their $2 bet on.  -   Jeff Kagan     Quotes
The problem with telecom is not only that it's going through the same economic issues as the rest of the market, but that it's also an industry in transition. Five years ago, AT&T's primary competitors were MCI and Sprint, and now it's the Bells and cable companies. Investors aren't sure what the industry is going to look like and which horse to put their $2 bet on. Jeff Kagan
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