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Non-Tech : Amati investors

AMTX 1.620

+0.3%

Jan 6 3:59 PM EST

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To: Chemsync who wrote (23067)	8/18/1997 3:01:00 AM
From: pat mudge	of 31386

[BT/MCI woes] <<<There is a good chance that BT will scale back MCI's local investment if it proceeds with the merger.>>> Steve -- Good article and the above could be a sticking point. I think MCI plans to stick by its guns on the local issue. From the Financial Times: <<<MCI said it planned to maintain its assault on the local market, though it hinted that it might consider cutting back spending in this area at some later stage. If US regulators do not act more forcefully to open the local market to competition, the company said it would reconsider its position, adding: "For now, we're moving ahead aggressively, as we have been before." BT did not necessarily accept the MCI solution to the problem, Sir Peter said. The two companies would examine whether there were other ways of breaking into local markets.>>> A lot of egos on the line --- and it can't help that it's an old world-new world conflict --- the colonist upstarts becoming a little too big for their britches and all that. The thought of an MCI/GTE merger is interesting, but with the BT deal so far down the road I don't see it happening. I think it's far more likely AT&T and GTE will join hands and Allen will resign and let Chuck Lee move the combined company into the next century. Yes, I know Allen said he'd stay on at least another year, but I figure he said that because someone suggested he step down. Enough rambling. Time to get some sleep so I can wake up for the open. Night! Pat

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