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Technology Stocks : ANTEC Corp. (ANTC)

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To: Kenneth E. Phillipps who wrote (474)12/7/1999 6:16:00 PM
From: Toby Zidle  Read Replies (1) of 847
 
The market killed ANTC on Tuesday. Off 17% !!!

According to commentary on CNBC after market closed, new companies entering the field create the element of price competition. AT&T no longer has to go with ANTC at any price. Presumably (judging from market reaction), ANTC's revenues can be significantly impacted.
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