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To: Cosmo Daisey who wrote (41653)9/17/1999 12:46:00 PM
From: John Inine  Respond to of 152472
 
Cosmo D.

Excellent post, I couldn't agree more.
I worked for T for a long time. The management there will never get a clue because they are nothing but
risk adverse yes men. Scott Adams' "Pointy Hair Boss" is modeled after managers he worked for a Pacbell
(once part of AT&T).
The merger of T and BT is just two dinosaurs mating as the asteroid hits. The future has no wires.
Just don't get me started on Bob Allen.

Best wishes,

JI



To: Cosmo Daisey who wrote (41653)9/17/1999 1:48:00 PM
From: SKIP PAUL  Read Replies (2) | Respond to of 152472
 
WalkeD by an AT&T wireless store in downtown Manhattan at noon time, Not a single customer in the store. About half a dozen salesman were standing around shooting the breeze. By contrast Sprint Store down the block there were a dozen people waiting to be served.



To: Cosmo Daisey who wrote (41653)9/17/1999 2:50:00 PM
From: cfoe  Respond to of 152472
 
<<The cable investment is to allow T to compete with the local phone companies...>>

I keep thinking that the purchase of the cable companies will prove to be one of the great business blunders of recent time. While I do not consider myself an expert by any means, my gut feel is that this move by Armstrong will rank with the Japanese buying all those assets at inflated prices, only to have to dump them when the Japanese economy got into trouble.

And I see the apparent reinforcement of their commitment to TDMA as more of the same kind of thinking. Armstrong may be a better executive than Allen was, but his decisions are still tied to an old view of the telecosm.

Do I hear a cut in dividend in the future? [imho]



To: Cosmo Daisey who wrote (41653)9/17/1999 3:12:00 PM
From: PAL  Read Replies (2) | Respond to of 152472
 
After Allen left, anybody running T would be considered an improvement. But Amrstrong is no Gerstner. This guy should know that the future is wireless. It is convenient, it is much cheaper, etc. The streets where I live were dug out to install cable, my front lawn was dug to put connection to the garage wall. Then, after the job was done and we sighed a relief after suffering weeks of detours, dust, noise etc, the project was abandoned. That nipple next to the garage is still there connected to nothing.

TDMA = Time of Dinasours MA.