Ba HumBug AT&T...

CEO Randall Stephenson of AT&T had to come out yesterday and blab some doom comment all over the press..

What a Guy...!

Thanks Randy...

Firstly - I think Randall is confused about one thing..or another...like..why his residential customers are canceling landlines, making fewer cell calls, and buying less equipment...

It has nothing to do with the recession - which is real but doesn't need Randall's help by jumping to conclusions...

Let clarify what's going on for you Randy...

1. people are canceling land lines so they would have more funds to buy apple stock. This need for funds is what caused them to remember they had a land line to cancel.

2. people are making fewer calls because they are too busy playing with an iPhone or reading steadily toward obtaining one...

3. people are buying less equipment because their wallets are cinched up following the fist evolution of the mark-n-sting grabvertising campaign hypersnyping iphonage

So - as for slow consumers - their moments that matter will continue to be those centered on luxury electronics, communications, and required transportations, transactions, & consumptions...or especially conservations thereof (watch closely in 2008 for wild rides in AMSC CREE FCEL FSLR DSTI BOOM etc etc etc as everyone and some dogs scramble to generate ever more costly energy conservation systems while all the while improving margins....in other words these companies all have commercializable product lines today and this year to next which will be sought after for larger and larger projects while at the same time this activity will continue to drive scaling prosperity in service and supply chains ultimately reducing all associated production costs leading to higher profits and stronger growth....)