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Technology Stocks : AT&T
T 27.13-0.7%Feb 6 9:30 AM EST

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To: Seeker2007 who wrote (226)3/10/1997 8:01:00 AM
From: Bob Smith   of 4298
 
Ashish,

Valid points in considering AT&T's cash flow ...however I have seen
no data to suggest it postitive/negative based on the anticipated
$8-9B spending for '97.

No growth in earnings until '99...seems like a long time. Don't forget
the company may have to "absorb" the cost of the pizza box to get into
the local market....obvioulsy this impacts your margin for that year(s).

Difficult read is "time to market"..pizza boxes take time..maybe an
alliance with Domino's or something...just guessing.

Bob
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