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

To: Tom West who wrote (3259)	2/5/2000 10:21:00 AM
From: Lynn	Read Replies (1) \| Respond to of 4298

Good morning, Tom. Thank you for posting the article from December. I know we shareholders got a letter a few days ago but I'm going to have to ask around until I find another (real world) shareholder to read it--my neighbor picked up my mail for me the other day and inadvertently started her wood stove with my mail instead of her's!! No joke. She was really red faced. Thank God it was just supermarket fliers,a town meeting announcement, and one letter from T. Anyway, I would like to comment on this part: [quote begin] The money would provide badly needed capital as AT&T attempts to set up a communications network eventually intended to provide a combination of television, phone and Internet services across the country. AT&T's main strategy for providing these services is to use cable TV wires, a technology it hopes will cover half the nation's homes. To cover areas where AT&T doesn't have access to cable TV wires, it plans to use "fixed wireless" technology, which beams signals from towers to home satellite dishes or antennas. [quote end] I am an ex-customer of AT&T Worldnet. The primary reason I discontinued the service was due to the limited number of access numbers. When Worldnet first got started they said they would be increasing the numbers. Well, it has been a few years and Worldnet has less local numbers that any of the other national providers I have checked. Not even all medium sized cities have local access numbers yet and since I do move about from time to time doing research, I dropped them and went with one that did provide local access numbers even in dinky town areas (_not_ AOL) so I could connect then TN3270 into my regular university account. Possibly reading too much into the section I have cited, to me this means they are not going to be truly "nationalizing" [increasing local access numbers] Worldnet via telephone lines but are shifting direction and placing their major emphasis on cable. I am in an area that does not now and, according to Cox Cable, which was given exclusive rights to the county I live in years ago, will never be given the cable. The, "'fixed wireless' technology," mentioned in the T article is what people in my area will some day be offered. What the article does not say is if it is going to be T using its own technology for the fixed wireless or that of some other company, with T merely providing the end service. They do not really say. When I read the second paragraph above the first thing I thought was, "Cisco." This is exactly what CSCO said they were going into, the (small) satellite dishes picking up transmissions from towers the later part of 1999. My question is: Assuming this is a T initiative involving CSCO equipment, is this going to add more to the bottom line of T or CSCO? Lynn, shareholder of both P.S. I never start my wood stove with paper, but my neighbors were neither Girl or Boy Scouts as children :)