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Technology Stocks : WCOM

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To: Anthony Wong who wrote (3040)7/27/1998 12:33:00 PM
From: limtex  Read Replies (1) of 11568
 
AW -

I haven't read all the details but it looks to me as if AT& T have effectively bought BT.

It surprises me a little because I thought the BT egos wouldn't allow it but I guess that the institutions and the board warned them not to screw it up again or else. Not that it matters because WCOM is still a lot more dynamic and the coporate cultures of AT&T and BT are bound to be more conservative (other than Mr Armstrong) and in this environment for the Teleocm industry more conservative just means you will lose.. plain and simple.

L
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