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

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To: MikeM54321 who wrote (11577)6/25/2001 5:25:32 PM
From: DenverTechie  Read Replies (2) of 12823
 
Although AT&T can provide the end to end network today that provides connectivity for IP Telephony, this will admittedly be more difficult and costly when the break up the company. I have racked my poor brain still trying to understand why they are doing this ever since it was announced, but can only come up with Wall Street pressure, pure and simple. What a pity that our system endorses such short term quarter to quarter mentalities that it can force the breakup of this empire. This has nothing to do with anti-trust concerns as did the 1984 Modified Final Judgement.

That said (and it is of course only my opinion that the AT&T breakup is a huge mistake), it will STILL be possible to provide the type of end to end connectivity I described in my previous message. As we speak, and for the last several months, untold millions of dollars are being spent in endless meetings to arrange for inter-company agreements that essentially keeps the interconnectivity between AT&T Broadband, switching, and LD intact (they all have to pay each other back and forth for services rendered, minutes of use, etc., but the bonds of the network will not be severed). In the end, the costs will be about what they are today, and it will be a wash (but cash flow will be impacted along the way, I'm sure). Today they nod and wink when passing traffic back and forth but after the break up they will have to exchange real dollars in electronic transfers between companies.

It's all so much BS in the name of the corporate growth and Wall Street expectations and earnings estimates. It's enough to make an old country engineer's heart sick.
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