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Technology Stocks : SBC Communications

SBC 4.570

+0.9%

3:59 PM EST

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To: Robert Voigt who wrote (44)	4/5/1998 9:22:00 PM
From: John Stockman	Read Replies (1) of 216

Robert, Don't worry about SBC being taken over. SBC is going to buy one or more CLEC's in the U.S. Our president Whiteacre is on a buying spree and more will happen while we get into the long distance market eventually. If we didn't get bogged down in the legal entanglements, we would have bought a company such as "Sprint" for a long distance additional to the company. Unfortunately, that won't happen for a few more years. I'm an employee of SBC and in the regulatory group of the holding company. You should see what we have planned for product offerings and acquisitions. Our stock will continue to go up for months to come. You might hear of some company takeovers in a few months. As for Pacific Bell, most of the top managers are already gone, replaced with Southwestern employees. I worked for P.B. for many years and it's about time their organization got a shake-up. The only place with more bureaucracy is the federal government. As for profits and personnel: both will drop for at least another year. Send your comments, and I'll try to keep you informed.

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