WSJ: Advisors Ditch Buy and Hold Strategies, an Ockham View
The fundamentals suggest you are getting a stock that is quite attractive and with a nice yield to boot. However, much of the fundamental strength comes from cost cutting and certainly not growth, and the historical ranges are based on an era where the hard-wired phone was not in decline.
Examples of this sort of behavior are clear from the founding family behind Gap, Inc (GPS), the CEO of NetApp, Inc (NTAP) and the founders of Bed Bath & Beyond (BBBY) have all made major sales recently. According to the study, insiders bought $42.5 million in shares through April 20 which would make it the lowest amount bought in a month since July 1992.