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Strategies & Market Trends : Paint The Table
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To: Patrick Slevin who wrote (4152)12/1/2001 3:11:54 PM
From: Augustus Gloop  Read Replies (2) of 23786
 
<<Evidently ATT was willing to buy the network for 307 million and they said it was not enough to go around. But this is an asset declining in value. If they do not take the 307 then next week it will be worth less, and as time goes on the value will approach zero.>>

This is totally true. However, ATT & the cable companies are trying to steal an asset. I believe @home has nearly 4 million customers. What you have here is a showdown that @home can't win without help. If we allow ATT and the cable companies to walk away with @home for 300 million we will lose some of competitiveness that the broadband revolution was going to bring. Make no mistake here, broadband threatens both cable and long distance rates but only if we keep it out of their 100% control. Part of me thinks that this is a situation where fighting the good fight makes sense.

JMHO
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