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

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To: MikeM54321 who wrote (3426)4/21/1999 1:27:00 PM
From: DenverTechie  Read Replies (2) of 12823
 
Mike, I believe you are right that AT&T is pressuring TW.

Time Warner not only has access to millions of lines in New York, but TCI has very few. The inability to come to terms on the cable deal with TW does not surprise me, nor does this Bell Atlantic deal. It's the old squeeze play.

I was surprised that the TW/AT&T had been announced as final awhile back. It didn't seem right, based on my experience. It happened too fast. Sure enough, it's still caught up in snags. What you have here are 2 companies that are each hell bent on control.

However, the Street once again misinterprets what is going on. The Bell Atlantic announcement should have no effect on ANTEC. This is a strategy power ploy by AT&T against TW, and does not signal a change in general policy on the part of AT&T. But that's probably what the Street thinks, since they are now getting mixed messages.
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