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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Kenneth E. Phillipps who wrote (3424)4/21/1999 12:16:00 PM
From: MikeM54321  Read Replies (2) of 12823
 
Re: ANTC and AT&T NY Plans

Ken, DenverTechie, ANTC fans,
There is an article in today's WSJ. I don't subscribe to the electronic version so I can't cut&paste. But it's on page one, column two. Starts out saying, "AT&T plans to offer residential service in New York state by leasing Bell Atlantic's phone network......"

Probably what made ANTC take a hit this morning. It goes on to say how complicated it will be to do voice over cable, blah, blah. As if Armstrong didn't know this when he got the approval from the FCC to purchase TCI. Well I just hope it's an anomaly in that particular geographic area. The article is a complete disconnect from the 100 speeches Armstrong has given in the past couple of months and also it's a complete disconnect from the words of the FCC's Kennard threatening Armstrong to do voice over cable and do it now.

Well I just thought I would bring it up in case you missed it. I hope I don't start reading other articles about other Baby Bells, "Welcoming," AT&T as a customer!

Oh I forgot to mention, the article alludes to the inability of AT&T to do a deal with Time Warner cable. And leads one to believe that is why AT&T is going to deal with Bell Atlantic for New York state for local access. Maybe what AT&T is really doing, is putting pressure on Time Warner to come to an agreement with them or else they will look to other alternatives. AND Bell Atlantic is eager to put the spin out so the FCC will give them approval to do long distance. The mentioning of this deal is killing two birds with one stone.

Hard to say what the motivation/truth is by reading the article.
MikeM(From Florida)

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