The seeming stupidity of corporate America never ceases to amaze me. AT&T for the past few years has been snapping up huge cable companies and generally growing, now their stock is in the dumpster. So what are they doing? Breaking up into four separate companies. You wonder how much money they spent on the acquisitions, and how much they’ll now spend on the breakup. Are they going to be any better off now than they were before they bought TCI?