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Technology Stocks : WCOM
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To: sharesighted who wrote (11494)1/16/2003 4:58:37 PM
From: sharesighted  Read Replies (1) of 11568
 
Do you believe the Bells?...

{"Regional bells lose about $20 per month for each line they have to share with long-distance companies. At the end of 2002, they were sharing about 11 million lines, notes UBS Warburg analyst Nikos Theodosopoulos, for an annual loss of $2.64 billion per year. More favorable FCC rules would help Baby Bells get some of that revenue back."}

Can you imagine, the Four Bells are complaining they each need
$55.0 Million per month of their revenue back to make them whole.
They're probably spending that much on their lobbying.
I think they are on their way out.

moneycentral.msn.com
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