Table: Mike Armstrong's Wild Ride

AT&T's monthly stock price

OCTOBER 20, 1997: $25

Armstrong named chairman and CEO

JANUARY 26, 1998: $32

Announces 18,000 job cuts

JUNE 24, 1998: $31

Agrees on $48 billion deal for Tele-Communications

MAY 6, 1999: $48

Inks deal to buy MediaOne for $62 billion

MAY 2, 2000: $33

AT&T says sales and profit outlook dims as long-distance business deteriorates

OCTOBER 25, 2000: $18

Sets plan to split AT&T into four pieces

JULY 8, 2001: $17

Comcast announces $41 billion offer for AT&T's cable holdings

Data: Bloomberg Financial Markets

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE