said by lev:The reason I chose stock price over market cap is that I'm expecting AT&T to perform more poorly in a year than now relative to the rest of the market.
Also, stock price reflects investors' belief in value based on performance.
I'm saving the link to this thread in my calendar for both June 1, 2009 and December 1, 2009. Let's see what all these numbers look like then.
For what yuo suggest market cap or enterprise value would be the better guage than stock price. Stock price is meaningless. a company with 50 shares trading at $2 is not worth twice as much as a company with 100 shares trading at $1
