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Subject Author Date
What does a 40 year old AT&T share become?? Hank Arnold 01-05-2007
Posted by Oilcan on January 5, 2007, 9:47 pm
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 Don't forgot unclaimed funds - dividends. These monies were escheated
(turned over) to the state of the last known residence (usually based
on the mailing address on record).

This is somewhat a history as I know it....(it could be wrong).......

NYNEX (New York New England Exchange), Ameritech (Midwest), BellSouth,
Pacific Telesis (California and Nevada), USWest (mostly rural US),
Southwestern Bell (SBC) (Texas, OK and KS?), Bell Atlantic, plus AT&T
(1984) = 1984 Breakup

NYNEX and Bell Alantic merged in 1997 as did SBC and Pacific Bell

Ameritech became part of SBC along the line.
Pacific Telesis spun off Pacific Wireless which merged with VidoPhone
(spelling)
AT&T (1984) spun off NCR, Lucent Technologies (former Bell Labs)
Lucent Technologies spun off Agere Systems (mostly worthless stocks
today although they have market value)
Lucent Technolgoies has recently merged with another company (French)
Bell Atlantic, I believe is now Verizon.
US West, I believe is now Qwest.

I would make the assumption since the existing AT&T is the suvivor of
AT&T (1984), you could start with their shareholder services as they
should have the Corporate records......

Andrew wrote:
> Andrew wrote:
> > So that was a infinite percentage loss!
>
> Maybe that's 100% loss - lost my head!
> --
> -------------------------------------------------------------
> Regards -
>
> - Andrew


Posted by DP on January 6, 2007, 11:15 am
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> Lucent Technolgoies has recently merged with another company (French)

Alcatel.

> Bell Atlantic, I believe is now Verizon.
> US West, I believe is now Qwest.

And don't forget that BellSouth and ATT (the surviving smaller company from
the breakup) just merged.



Posted by Jim - NN7K on January 6, 2007, 7:19 pm
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As far as you got -- Lucent, now is part of
Alcatel ("ALU"- NYSE), and also to confuse
matters, SBC recently aquired AT&T (and then
changed its Name, to ATT & it's symbol, to "T")!
(Translation: THE company that
spun off those bells, Was AQUIRED by one of it's
spinoff's!) Also, if memory serves, U.S. WEST
spun off (think Media 1 (CABLE TV), which was
in turn absorbed by Frontier , which , in turn
became part of the Global Crossing Fiasco)!
confuseing, isn't it ??? :( Jim



Oilcan wrote:
> Don't forgot unclaimed funds - dividends. These monies were escheated
> (turned over) to the state of the last known residence (usually based
> on the mailing address on record).
>
> This is somewhat a history as I know it....(it could be wrong).......
>
> NYNEX (New York New England Exchange), Ameritech (Midwest), BellSouth,
> Pacific Telesis (California and Nevada), USWest (mostly rural US),
> Southwestern Bell (SBC) (Texas, OK and KS?), Bell Atlantic, plus AT&T
> (1984) = 1984 Breakup
>
> NYNEX and Bell Alantic merged in 1997 as did SBC and Pacific Bell
>
> Ameritech became part of SBC along the line.
> Pacific Telesis spun off Pacific Wireless which merged with VidoPhone
> (spelling)
> AT&T (1984) spun off NCR, Lucent Technologies (former Bell Labs)
> Lucent Technologies spun off Agere Systems (mostly worthless stocks
> today although they have market value)
> Lucent Technolgoies has recently merged with another company (French)
> Bell Atlantic, I believe is now Verizon.
> US West, I believe is now Qwest.
>
> I would make the assumption since the existing AT&T is the suvivor of
> AT&T (1984), you could start with their shareholder services as they
> should have the Corporate records......
>
> Andrew wrote:
>> Andrew wrote:
>>> So that was a infinite percentage loss!
>> Maybe that's 100% loss - lost my head!
>> --
>> -------------------------------------------------------------
>> Regards -
>>
>> - Andrew
>

Posted by Richard Barndt on January 8, 2007, 11:10 am
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> Don't forgot unclaimed funds - dividends. These monies were escheated
> (turned over) to the state of the last known residence (usually based
> on the mailing address on record).
>
> This is somewhat a history as I know it....(it could be wrong).......
>
> NYNEX (New York New England Exchange), Ameritech (Midwest), BellSouth,
> Pacific Telesis (California and Nevada), USWest (mostly rural US),
> Southwestern Bell (SBC) (Texas, OK and KS?), Bell Atlantic, plus AT&T
> (1984) = 1984 Breakup
>
> NYNEX and Bell Alantic merged in 1997
...and became Verizon...

> ...as did SBC and Pacific Bell
>
> Ameritech became part of SBC along the line.
> Pacific Telesis spun off Pacific Wireless which merged with VidoPhone
> (spelling)
That is Vodafone.

> AT&T (1984) spun off NCR, Lucent Technologies (former Bell Labs)
> Lucent Technologies spun off Agere Systems (mostly worthless stocks
> today although they have market value)
> Lucent Technolgoies has recently merged with another company (French)
Alcatel-Lucent

> Bell Atlantic, I believe is now Verizon.
> US West, I believe is now Qwest.

US West spun off MediaOne just before it merged into Qwest. MediaOne was
passed around like a hot potato to have portions of what was left merged
into Comcast.

>
AT&T(1984) spun off AT&T Wireless which was eventually merged into Cingular
(a privately-held partnership of SBC and others) in a cash buyout.
AT&T(1984) spun off AT&T Broadband which then merged into Comcast.

> I would make the assumption since the existing AT&T is the suvivor of
> AT&T (1984), you could start with their shareholder services as they
> should have the Corporate records......
>

By my rough guess, depending on how many shares you started with, you should
have
Several shares of the New AT&T
Some shares of Verizon
Some shares of Qwest
Several shares of NCR
A couple shares of Alcatel-Lucent
Possibly a share or two of Vodafone
A handfull of shares of Comcast
And a large headache trying to track down back dividends, cash in lieu of
partial shares, and a couple of other minor spin-offs that may have been
missed in the above.

> Andrew wrote:
>> Andrew wrote:
>> > So that was a infinite percentage loss!
>>
>> Maybe that's 100% loss - lost my head!
>> --
>> -------------------------------------------------------------
>> Regards -
>>
>> - Andrew
>



Posted by Hank Arnold on January 6, 2007, 3:48 am
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Interesting.....

I know about growth... the same aunt gave ma a share of GE stock when I
graduated from High School (1964). I completely forgot about it. When I
found it later, I was able to get with GE and found that the dividend
checks had been cashed for years by someone forging my signature. I was
in Vietnam at the time and never followed up with them other than to
tell them about it and to change the address of record. I started to
DRIP it about 15 years ago and that one share (worth about $90 bucks
originally) is now worth over $4.5K....

It's gonna be interesting....

Regards,
Hank Arnold

DP wrote:
>> I recently had to close out a safety deposit box and found a 40 year old
>> certificate for the original "Ma Bell" (American Telephone & Telegraph"
>> company.
>>
>> I can turn it into my financial adviser/broker and let them figure it out,
>> but I'm curious as to whether I can somehow figure out what that share has
>> turned into (and what it is worth. We're talking the big breakup, more
>> breakups, spin-offs, acquisitions, etc.... Also, I don't recall getting
>> any dividends (at least in memory). What do I do???
>> --
>
>
> Besides R.C. White's excellent response to you, don't forget that the
> physical share itself may have some value.
> There are people who like to collect that old paper the way people collect
> stamps, coins, etc.
> I am not a collector, and I know of this only peripherally. But you might
> want to do some internet searches on the subject of collecting shares.
>
> I don't know if you will have to physically turn in your share, or if they
> can figure out what you own now and somehow cancel the share so that you can
> keep it, and ultimately sell it to a collector.
>
> A 40-yr-old share probably isn't that valuable to collectors, but you never
> know. I certainly don't.
>
> Meanwhile, I'm guessing that a single share of AT&T from 40 years ago is
> probably worth a nice little sum, in terms of all of the other companies it
> represents now. Except for Lucent. I got burned buying some of their stock.
> Don't get me started.
>
>
>

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