Out Fox The $treet

Bloomberg West had a great interview with the Oracle Investment Research Chief Market Strategist Laurence Balter discussing the huge debt loads at AT&T (T) . The company now has $61B in debt and the lowest cash balances in years. See the video below: This blog has pointed out similar concerns with the balance sheets and dividend payouts of AT&T and Verizon (VZ) numerous times. These companies should be paying down debt instead of paying out cash to shareholders. Disclosure: No positions mentioned. Please review the disclaimer page for more details.   

Interesting report from Bloomberg West on the Facebook (FB) Q112 results just released. Amazingly, Facebook had a revenue decline for the first time ever. This might highlight why Zuckerburg made just a fast move to buy Instagram for $1B. A move that a company in the process of going public shouldn't make. Has any young tech company ever paid so much money for another company? The really crazy part is that Apple (AAPL) just reported faster growth than Facebook. How is it that the most valuable company on the planet is growing faster than the hottest tech company around? Contrary to what is mentioned in this report, the larger social media companies have been waiting too long too go public. Groupon (GRPN) , Zynga (ZNGA) , and now Facebook have apparently waited to the point that growth has slowed down before going public.  My concern with Facebook is that sites such as Twitter and Pinterest are pulling away users time. For business people especially in the financial world,...