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Technology Stocks : SBC Communications

SBC 4.710

-0.8%

11:05 AM EST

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To: joarel who wrote (20)	11/11/1997 8:09:00 AM
From: KEN G	Read Replies (1) of 216

joarel: I agree. Notice how well SBC has held up in the recent market slide. In addition, the CEO has twice stated publically that the PAC merger will result in an additional 1 billion net by year 2000. With 915 mil shares outstanding thats over one buck a share. I see this happening by 1) rapid (starting in January) consolidation of the work force 2) Eliminating duplicate systems shared by SBC and PAC 3) Leveraging SBC calling ID take (48 % in SBC, 3% in Pac) and LD sales (the MCI-Worldcom merger should make this happen quicker. KG

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