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Technology Stocks : Westell WSTL

WSTL 6.100

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Nov 14 9:30 AM EST

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To: Trey McAtee who wrote (8719)	1/2/1998 12:07:00 AM
From: SteveG	Read Replies (1) of 21342

<A> AT&T/Telecom Law -2: AT&T Sees Appeals Ct Overturning Ruling [..What else would you expect them to say?..] BASKING RIDGE, N.J. (Dow Jones)--AT&T Corp. (T), responding to a federal judge's decision to overturn key sections of the Telecommunications Act of 1996, labeled the court's move "inexplicable and clearly erroneous." The judge's ruling would make it easier for the Baby Bells to begin offering long-distance service. In a press release Wednesday, AT&T said the decision upsets "the careful sequence Congress kept in place because it would apparently permit SBC Communications Inc. (SBC) to provide long distance service while its local monpoly is still intact." AT&T said because the Court's decision "is so plainly incorrect," it is confident the Court of Appeals "will review and reverse the ruling before consumers suffer any harm."

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