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Technology Stocks : AT&T
T 27.17+1.3%11:16 AM EST

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To: Joan Osland Graffius who wrote (274)4/6/1997 2:15:00 PM
From: Jack L. Dlugach   of 4298
 
Hi Joan:

That's right and that's why all the telcos are in a slump.

The technology you're talking about is already in use in the
New York area on a fairly small scale and, from all reports,
is a very successful wireless system than can provide radio,
tv, data, internet, and telephone all in one shot.

And also correct: the Bells are prohibited from bidding on
it for 3 years.

T investors might like to take a look at Barron's current
issue; some value fund managers are buying T and ATI at
current prices. You can find the story in the print edition
or got to the link--need to register but it's free and easy:

barrons.com
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