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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: mauser96 who wrote (3202)6/27/1999 11:02:00 AM
From: Mike Buckley  Read Replies (2) | Respond to of 54805
 
In today's dollars Mr. R was far richer than Mr. G

Interesting. If I remember correctly, there were no income taxes during Mr. R.'s time. I wonder how that might have affected the comparison.

--Mike Buckley



To: mauser96 who wrote (3202)6/29/1999 5:27:00 PM
From: DownSouth  Read Replies (1) | Respond to of 54805
 
but wasn't AT&T forced to do it as part of a settlement?

It is debatable whether it was "force". T chose to break up for the following reasons:
1. De-regulation was coming, break up or not. T did not want to be straddled with the restraints on competition tha their monopolistic privilege required. They wanted to get into "the computer business". They were trying to buy Wang and did buy NCR immediately after the breakup, remember?
2. Breaking up did get the gov't off their back and let them get on with competing with MCI, who was starting to eat their lunch in big nibbles.