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Technology Stocks : AT&T
T 25.85+0.9%Nov 25 3:59 PM EST
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To: Sonki who wrote (1428)6/24/1998 9:08:00 PM
From: cgraham  Read Replies (1) of 4298
 
I agree and on nightline tonight they had an interesting interview with both chairmen, and Malone looked more than a little beat up, though he professed to have personally excercised his share rights at market price(stock was up today nearly a point last I checked). Frankly when he was asked if this deal meant lower rates he fumbled. First he said it was going to reduce rates, then he said it will mean higher rates, but more options. If they are that unclear on the announcve date of the deal(when they should be the most rehearsed), and given at&t's shaky merger record, it's a little too early to tell. But to suggest,and on some thread they have, that BTY will soon be in the mix is more than premature. Thoughthe US GOVt is smiling on the deal, wall street knows better. And they have very descriminating taste
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