DGIV -- Good Prospects? Message Board

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Microcap & Penny Stocks : DGIV -- Good Prospects?

DGIV 0.00

Dec 5 4:00 PM EST

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To: lazarre who wrote (5694)	4/21/1998 12:37:00 PM
From: Michael Ulysses	Read Replies (1) of 7703

* AT&T CORP CEO C. Michael Armstrong said the company will invest more than $300 million this year to improve its Internet backbone capacity. "We have made a decision to go after more of the Internet Protocol (IP) backbone. We will invest incrementally in our IP backbone capacity this year, over $300 million," Armstrong told analysts in a conference call following the company's 1Q earnings report. "We do think this is a growth opportunity and will enhance our position in this fast-growing segment of the industry," he said. He reiterated that the company sees 1998 and 1999 capital spending totaling about $8.0 to $8.2 billion. (Reuters 11:00 AM ET 04/20/98) For the full text story, see infobeat.com

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