"AT&T's Data Strategy in conjunction with TCI to offer cable, data, and voice packaging."
DenverTechie & Thread,
Here's another clip about AT&T/TCI and it's resultant capital spending plans.
For those interested in Antec (symbol:ANTC) I believe Hiram and I discussed this company in detail back on the Harmonic Lightwaves thread a few months ago? It's a little complicated to understand but appear to be (IMHO) in a good position to take advantage of the T/TCI merger. My problem with them, is they have had trouble making money recently (when TCI scraped upgrades in late 1996&97). Maybe they will turn that around now? That's the $64,000 question.
MikeM(From Florida)
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A revitalized Tele-Communications has also been good news for Antec
Corp.
(ANTC), a Rolling Meadow, Ill., maker of fiber-optic cable and laser transmitters and receivers. Antec, which is 20% owned by Tele-Communications, is expected to report net income of 14 cents a share for the third quarter, according to First Call estimates.
Jim Jungjohann, an analyst with CIBC Oppenheimer Corp., estimates earnings of 13 cents, but said that the company posted impressive numbers for the period. He expects Antec to report third-quarter revenue of $148 million, compared with $120.4 million in the year-ago third quarter. Sales to Tele-Communications should account for $34 million of that quarterly revenue. "This company is a leading contender for AT&T cable telephony business in the future," Jungjohann said. |
