Let us have it. But SBC's momentum is just starting to build. The telecom industry seemed to be falling apart this past week. But more important is the growing realization that SBC is among the best-positioned telecoms.
All industries have their ups and downs, but telecom currently faces several short-term problems.
The underlying technologies are changing rapidly, and so are the services that customers demand. And the blue chips of telecom keep finding themselves behind the curve. Nonetheless, the long-term potential of telecommunications is enormous. And it seems that the companies best able to navigate the obstacles are those that have the most direct contact with consumers. By this theory, SBC Communications is an analyst favorite.