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Technology Stocks : Internet Guru Discussion

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To: DavidMW who wrote (1314)4/24/1999 4:25:00 PM
From: steve harmon - analyst  Read Replies (1) of 4337
 
at&t - this is the most widely held stock in the world and it looks to be making the transition to being an all around communications/entertainment/information provider

the battle to me is at&t vs. aol

at&t has telco, cable (tci), internet (@home/excite/worldnet), wireless and more than 10x the revenue than aol; at&t's net income is on par with aol's revenue

but the two are valued about the same by investors
aol mkt cap= 137.3B
at&t mkt cap= 168.0B

at&t is no longer just your father's phone company
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