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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: axial who wrote (8979)10/23/2000 12:02:23 PM
From: Frank A. Coluccio  Read Replies (1) of 12823
 
What should we expect? Instead of investing the bulk of T's resources in next gen platforms they elect to spend 110 Billion Dollars on a 1950s technology that is on its last leg. Yes, okay... they are on the tail end of upgrading it, but even so... imagine what one could have done with 110 billion dollars from scratch? WINFirst could answer that question in a flash. In the meantime, companies that weren't even detectable by radar two years ago are now perched to take over voice... which is still the only serious -- some would say "The" Only - money maker in the telecom universe, today. Voice is a cash cow. The reason it's lost its appeal is because it doesn't meet the street's demanding criteria for "growth curve" performance. Not because it isn't profitable. We live in a weird time with dictates that are seemingly strange, at times.

In the meantime T (and its properties, and others who are influenced by their decisions) and everyone else who committed their companies future to the fate of the bubble hype is waiting for the advertising model (and other components of the phoo phoo generation's <which is independent of when one was born, all can apply, and most have> regime) to come to fruition. It just ain't gonna happen. So, what does T do? They propose to once again split themselves into four different companies.
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