AT&T is not a dividend aristocrat yet, but a dividend achiever as well as a major component of the S&P 500 index. It has been increasing its dividends for the past 24 consecutive years. From 1998 up until 2007 this dividend growth stock has delivered an annual average total return of 5.00 % to its shareholders.

"Corporate America is losing its cachet in the bond market." It looks like the current run of buybacks and LBOs might be coming to an end.

Seems like everyone is talking about this article on how the stock market is at its cheapest point since 1991. I'm not so sure, but it doesn't really matter anyways if you are examining individual companies.

-Added Positions: FPFC, PFE,
-Reduced Positions: ANAT, BAC, CITZ, CMCSA, CNA, DLM, FNFG, MON, NEU, NITE, NYM, STR, T, TRV, USU,
-Sold Out: DEVC, HON,

This week's Barron's discusses the comeback of tech, China funds, Canadian National Resources, Tellabs, Dell as a value play, DaimlerChrysler, and developments in the telecom sector.

Trent at Stock Market Beat digs deep into the accounting arcana associated with the treatment of wireless subsidiaries held by major telecom companies. After making adjustments for different accounting methods used by various telecom companies, Trent sees Verizon as a relative value bargain.