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

To: BrooklynDave who wrote (2670)	7/20/1999 11:22:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 4298

The FCC is firmly against this. Look for a national regulation to be proposed to give ATT what it needs to build and invest. Also look for the market to snap back. ATT at a bargain price right now.

To: BrooklynDave who wrote (2670)	7/21/1999 6:02:00 AM
From: lml	Read Replies (1) \| Respond to of 4298

Relax, Brooklyn. The open access issue is the jurisdiction of Congress, not local subdivisions of the States. Of course the local subdivisions don't see it this way. This is why the matter is now before the 9th Cir. Just think for the moment if you sat on the board of a local franchising authority. Would opt to assert authority in a particular area or bow in deference to the more likely authority? The bottom line is that this type development is to be expected. The issue to be concerned with is whether this "ground swell" is sufficient to cause Congress to act & enact new legislation imposing open access on the cable platform on a national level. We know where the FCC stands on the issue -- hands off, no open access, as evidenced by news presented in prior post. I for one, am pretty convinced where the court will come out on this issue -- jurisdiction belongs to the Federal Govt., overturning the Oregon District Court ruling confirming imposition of open access by Portland franchising authority. If & when Congress begins in earnest to take up this issue, then you may begin to sweat. But I don't think it will happen soon.