AT&T Message Board - Msg: 5068018

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Technology Stocks : AT&T

T 25.95

+1.7%

Nov 21 9:30 AM EST

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To: limtex who wrote (1519)	6/30/1998 8:19:00 PM
From: Raptech	Read Replies (3) of 4298

Could Armstrong's move into the TCI deal be as dumb as many here seem to express? Appears that Armstrong just came out of his cave to make the deal and take T down. I expect not!!! Too many uninformed opinions here without waiting for more details to unfold. Armstrong has an excellent track record which was earned through good decisions. I feel certain the obvious criticisms (price, infrastructure, bandwith, etc) noted here were strongly considered by T when the deal was reviewed and approved. Also, I doubt he made the deal just for the sake of a deal. He's too smart to get sucked into a situation without potential. All I know is my $36 buy is still looking good, for which I credit Armstrong, so I am sticking with him! And, T still has a heck of a telecom franchise to generate revenue while developing TCI, We'll see $80 long before $40. Rap

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