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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?


To: polarisnh who wrote (2584)6/23/1999 11:52:00 PM
From: SIW  Read Replies (1) | Respond to of 4298
 
Agreed

Its not a matter of buying T vs Worldcom...both will be winners. One of my mutal funds is heavy into MCI-W, with good reason IMO.
IMO, T is just one of those companies accumulate whenever it dips significantly...a good buy for your IRA etc.

As we "go braodband" T will move more into the forefront, their stakes in cable and wireless being the primary reason.

With the company's fundamentals, namely their huge profits, T will be a powerhouse, leading the telecommunications world into the next century. Their partnership with Microsoft and countless others strengthen their position in the Internet sector.

With its 3+ billion share float, T may not move as readily in the short term as WCOM and GBLX, but it will be a bit less volatile. IMO T is just one of those "you can't go wrong" stocks; that being said, there are surely numerous OTHER stocks that make for better short term trading opportunities.

SIW




To: polarisnh who wrote (2584)6/25/1999 7:42:00 AM
From: polarisnh  Read Replies (3) | Respond to of 4298
 
VoiceStream to Buy Omnipoint gain size to take on rivals

NEW YORK (CBS.MW) -- John W. Stanton, the scrappy chief executive of VoiceStream Wireless Corp., is poised to take control of a national wireless empire that could challenge AT&T Corp. (T: news, msgs) and Sprint Corp. (FON: news, msgs). The Wall Street Journal reported that Stanton signed a deal on Wednesday valued at more than $2 billion to purchase wireless company Omnipoint Corp. The marriage will join the two largest U.S. digital cell-phone providers that use the wireless technology known as GSM, or global system for mobile communication. The combined company will boast licenses that cover 17 of the nation's top 25 markets. Many now expect Mr. Stanton to move quickly to gobble up the country's remaining regional GSM players, creating a national behemoth.

The Wall Street Journal