1. Stacie Stuart (VZ) November 8, 2011

2. Criteria As of 11/7/2011 Holding return 23.86% YTD return.4% 3.6% of portfolio ~Third of Tele. Services sector Reuters debt/equity 140.62 – VZ 63.31 – Industry Now meets the required amount of criteria

3. Additional Information 52 Week range: $31.60-$38.95 Buy: 10 Hold: 16 Sell: 1 QTR3 report shows increased revenues, increased expenses, resulting in a small decrease in profit – Growing Additional Information

4. One Year Chart

5. Additional Information Strengths The largest provider of wireless and broadband communication in America Large diversity of technology Large Employee base Generates High Annual Revenues Loyal customer base Strong customer service Top of the line products 4G – unlimited data plans Simultaneous phone, text, and data

6. Additional Information Weaknesses Different corporate cultures merged from GTE and Bell Atlantic Consolidating markets In comparison to Sprint, high price voice plans Online account is not user friendly 3G – no simultaneous voice and data usage No “true” unlimited data

7. Additional Information Strong position for local exchange carrier to compete with them Enter new markets (local, global, business, government, and residential) Long distance restriction eased up Fios Further consolidation and acquisitions New Blackberry models Opportunities

8. Additional Information Threats Government regulation to spur competition FCC regulations Competitors Vonage – competes with wireless business Malware

9. Additional Information Recommendations HOLD Look into buying more stocks before 4 th qtr or annual report comes out Projected high growth