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Technology Stocks : ANTEC Corp. (ANTC) -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (782)	12/21/2000 9:46:54 AM
From: nghi vu	Respond to of 847

It is hard to say which one of the idiots on the board or/and senior management are the brainchild of this stupid decision but we all know Malone is one of them. Where Armstrong stands on this issue, we won't know until he is "fired"....I liked Armstrong when he first took over but sold T 13 months ago when I saw the slowness in T to make any decisive move in upgrading and rolling out the bundling products they marketed when they spent a 100 billion in buying TCI and Mediaone. It is not a surprise that Lucent is having so much problem also. The apple didn't fall far from the tree. I do get a kick out of shareholders bailing out of T because they are no longer getting the 88 cents a share on dividend....and the 50% erosion in capital didn't hurt more than loosing 80% of the dividend. No wonder T can't make up its mind....its shareholders played a big part in not taking the bitter pills early. Instead, everyone think they can cling on to the dividends, loosing 15% or worse on the long distance business annually, not expand aggressively and have a 10% growth on the topline and bottom line. rough math example for the math impaired reading this message...If 80% of your business declines 15% a year(i.e. long distance), the remaining 20% of the business must grow 70% or so to show growth overall. We all know T others business can't grow 70% year to year without somekind of big investments. T shareholders want the cake, the icecream, the fudge all together. The number is purely out of my head since I haven't studied T revenue breakdown for over a year. Things may have changed significantly.

To: MikeM54321 who wrote (782)	12/21/2000 11:56:39 AM
From: nghi vu	Read Replies (1) \| Respond to of 847

the best solution is finding a way to CUT LOOSE MALONE and make him happy while keeping everything else intact. Let him go with his stupid company and keeps loosing his money on bad investments like Priceline. He want to be free to make "deals". He is in my book the most overated business man next to Donald Trump. The sad part is many investment professionals like him and respect him even if they don't like the breakup plan. The man walks on water!