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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 57.12-3.5%Dec 31 3:59 PM EST

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To: david thor who wrote (1765)1/8/1998 8:51:00 PM
From: pkwknk  Read Replies (1) of 5650
 
...C. Michael Armstrong confirmed on CNN to L. Dobbs tonite what my sources have been telling me for a while, which is TCGI is only the beginning of T strategy to attack the local business mkt--Armstrong said he will continue with other stratagies such as fixed wirleless...CNBC interview shortly after with him confused the res and business mkt, and was no help--- TCGI owns Biztel, but they only have 100mhz in their mkts so that is not T answer to delivering the wide range of broadband bundled services T will pursue...TCGI is in 60 mkts, but remember, they are a fiber based CLEC, and much of their last mile to the buildings they service is resell, not facilities based...guess who has the cost effective solution to that costly dilemma??...and I am told T knows this....
PS- Due diligence on Midcom was very intensive, and receivables approaching 20 mil are believed to be collectible....the good news to follow in the sh to interm term makes selling this stock a very costly risk to profit takers...we'll see if the mkt agrees with me..
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