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

To: Captain Jack who wrote (3619)	8/16/2000 12:58:22 PM
From: Skywatcher	Read Replies (1) \| Respond to of 4298

Malone Wants to Buy AT&T, Sell Non-Cable Assets, N.Y. Post Says By Sara Barton New York, Aug. 16 (Bloomberg) -- Liberty Media Corp. Chairman John Malone is considering acquiring AT&T Corp. and selling off the company's non-cable assets, the New York Post reported. Malone has backed off the plan for now because Liberty Media, as a tracking stock of AT&T, doesn't have the independence needed to pull off the acquisition, the paper said. He is pushing AT&T Chief Executive Michael Armstrong to spin off Liberty so he can pursue the deal, the paper said. Malone, who sold his cable company, Tele-Communications Inc., to AT&T last year for $55 billion, would sell off the company's phone units. He has been a vocal critic of AT&T lately and believes the company would do better divided, the paper said. AT&T spokesman Jeff Roberts said the company ``has no comment on this story.'' chris

To: Captain Jack who wrote (3619)	8/17/2000 12:51:51 PM
From: Rarebird	Read Replies (1) \| Respond to of 4298

T has very good value here. I'm curious as to whether "T" was really enhancing shareholder value, by moving the popular wireless business out of the mammoth business structure, or trying to get the risk of wireless out of the parent directly. Probably a little bit of both, but ironically, I think the older company is the buy here, which while not doing much (and not expected to for a while), has less volatility for me, which I'm convinced, has interesting potential to be unlocked down-the-road with its inclusive internet and cable holdings. PS The chart looks awful technically; but that's what you get when you buy value.