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Technology Stocks : AT&T

T 25.61

-0.5%

Nov 14 9:30 AM EST

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To: Robert Scott who wrote (2205)	4/26/1999 1:16:00 PM
From: P.T.Burnem	Read Replies (1) of 4298

I can't imagine what Bill would gain by putting more money into Comcast/MediaOne - it's too much to pay. It's a defensive move. Bill Gates realizes that, under the guise of introducing competition into the local phone market, Ma Bell is transforming itself into Ma Cable. Once T reaches a critical cable mass, it and not MS will dictate which OS is running on digital settop boxes (read: the next generation of home personal computers). In addition, T will be able to put a squeeze on cable content providers, both broadcast and interactive...

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