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Technology Stocks : AT&T

T 24.58

+1.2%

Dec 12 9:30 AM EST

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To: Smart Investor who wrote (2103)	4/5/1999 12:12:00 PM
From: lml	of 4298

Correct. The ILECs & long distance carriers actually do this today with their own customers, offering discounted ISP services that can be billed along with the monthly telephone bill. So if you choose go with another ISP, you are sort of paying a premium, the type of premium AOL is challenging. IMHO, the 'bring your own access' subscription offered by AOL cuts against its own argument re: opening up the cables. Such service is geared to AOL customers who DON'T WANT AOL direct connectivity, but prefer an alternate provider or general Internet access. Along the lines of broadband, ultimately such customer will have the choice between T's cable lines or the teleco's DSL service. Right now this is obviously not the rule. DSL is far from ubiquotous & AOL has only announced partnerships with SBC & Bell Atlantic. But neither is cable, let alone @Home over T/TCI's cable lines. So today, IMHO, AOL's position is baseless. But they may just be maintaining a pressure point they expect to give away in a few years when possible the FCC may move off its present position. JMO.

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