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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (2107)7/28/1998 9:48:00 PM
From: esecurities(tm)   of 4231
 
>>AT&T* and British Telecom in $10 Billion Global Deal :"Why Bill Gates should worry"

"...The latest announced telephone company merger bodes ill for the computer industry, says one prominent analyst.

Victor Schnee, founder and president of Probe Research Inc. and the man who predicted SBC Communications Inc.'s takeover of Ameritech Corp., sees the Bell Atlantic Corp. merger with GTE Corp. as further indication that local telephone giants are bulking up to try to take control of the Internet and the way businesses and consumers get access to it.

"Bill Gates has got to have his eyes closed if he doesn't see that these guys are building critical mass to try to control the Internet," said Schnee, author of MegaStrategies: Winning The Computer-Telecom War. "This has gone from being a boxing match to a barroom brawl. Someone may hit you over the head with a chair you didn't even know was in the bar..."
source: &copy 1998 ZDNet
dailynews.yahoo.com
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