America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: TARADO96 who wrote (14229)	5/2/1999 11:17:00 AM
From: AARON G. KING	Read Replies (1) of 41369

First time using the thread. I'm an AT&T employee(former TCI), and when T announced the TCI deal, T's stock dropped about 9 pts. Since, T's stock has gone up at least 35%. The reason I believe for the high premium is that Media One's cable plants are already running at 850mHz, which can provide 2-way capability for telephony. TCI's plants need 5.7 billion worth of upgrade. In my opinion, T's stock will go nowhere near 30. I'm a T and AOL shareholder, and long on both.

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