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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (433)10/31/2000 10:38:00 PM
From: GraceZRespond to of 24758
 
Yer preaching to the choir here gal. Here's one of my favorite charts and what's great is this is only the last 25 years or so:

finance.yahoo.com



To: Ahda who wrote (433)11/1/2000 10:06:26 AM
From: AhdaRead Replies (1) | Respond to of 24758
 
Venting again.
thetimes.co.uk
WEDNESDAY NOVEMBER 01 2000

On Wall Street - Adam Jones

CREDIT Suisse First Boston and Goldman Sachs ought to offer their own adult education masterclass, entitled How to Profit from Companies on the Way Up and on the Way Down.
The banks earned massive fees aiding and abetting AT&T on its ill-judged buying spree. CSFB, Goldman and Merrill Lynch advised AT&T on the takeover of MediaOne for $57 billion. CSFB and Goldman also advised on the $48 billion acquisition of TCI, another cable television operator, in 1998.

Last week, when AT&T tacitly admitted the failure of its plan to bundle cable and telephone services together, both CSFB and Goldman were retained to help dismember the ill-starred empire they had helped create. The fees are about to start accumulating again.

Now, it appears that the two banks are to get a further slice of business from the ailing telecommunications giant. AT&T is thought to be lining up CSFB, Goldman and Chase Manhattan to arrange a new $25 billion loan facility which will be used to repay some of the expensive short-term debt it took on during its acquisition binge. Heads they win, tails they win.


Law Firm Kirby McInerney & Squire LLP Announces Class Action Lawsuit Against AT&T Corporation
NEW YORK--(BUSINESS WIRE)--Oct. 31, 2000--The following is an announcement by the law firm of Kirby McInerney & Squire, LLP:

The law firm of Kirby McInerney & Squire, LLP has commenced a class action lawsuit on behalf of all purchasers of AT&T Corporation (NYSE: T - news) securities - including those persons who purchased common stock or call options or sold put options - between April 24, 2000 and May 1, 2000 (the ``Class Period''). The action charges AT&T and certain of its officers for violations of Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 by reason of material misrepresentations and omissions during the Class Period, which caused AT&T's securities to trade at artificially inflated prices.


There is a thread called Athm on that that thread many people spoke of the problems of the net, the search engines that lead To nowhere, the financing the time to install all of the problems were covered. Yet Goldman sees but self and T is sued and damn it T's advisors should be sued to. It amazes me all the information on the thread was from some very bright people who believed in Athm and ATT. Problem was vision without greed is too accurate add a price tag to it of millions and no one would of been blind.
Good news, the economy shall prosper from judges and attorneys abound as corporate America hits the ground. We are a service nation, who specialize in suits.