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Technology Stocks : AT&T
T 25.40+0.3%3:59 PM EST
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To: Bill McCullen who wrote (1688)10/31/1998 2:39:00 PM
From: Greg Jung  Read Replies (3) of 4298
 
There are many investments to be made that could put a strain on T. The stock has actually been pretty strong, never faltering in October and only temporarily around Aug31. At 63, you are up 5% since Oct9.
The TCI deal should be good for long run but immediate effects on the stock definitions - splitting into two stocks, removal from the DOW - could make for a buying opportunity in conjunction with a weak market.
Overall they do seem to be playing the game now.

Greg
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