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Technology Stocks : George Gilder - Forbes ASAP

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To: JMD who wrote (72)9/21/1997 8:14:00 PM
From: Joe Btfsplk   of 5853
 
From recent GTS:

"Now the smart paradigm seems to be crashing at AT& T itself, with troubled officers, boards, earnings, margins, growth rates, and corporate courting of SBC, while key executives bolt to the new paradigm of dumb and dark. First,....Alex Mandl, long considered a heir apparent to CEO defected to a vendor of dumb....(Teligent)......In Feb...another top exec, Joe Nacchio departed to QWST, which has built a far reaching fabric of dark....along RR rights of way. Then, in late July, with blessing and funds from T , Evslin left to form ITXC, who will collaborate with VOCLF.....Evslin declared that in the future a single IP network would replace the existing PSTN, presumably including the circuit switching fabric of T..... Finally, ..one of T's leading techs, Isenberg, put it ll into writing in a stirring call call for "stupid network" to replace the smart network his bosses currently command blah blah blah".

This obviously means...................????
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