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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (234)6/11/2001 4:45:17 PM
From: -  Read Replies (1) | Respond to of 565
 
Hi Ramsey, Yes the 'T' situation is interesting... I have been following it, mostly because I worked for Ma Bell (AT&T Bell Laboratories) 1977-86, and I once was a manager under the highly-revered Armstrong at Hughes (a few levels down from his lofty perch:) The "chop it up and spin em' out/IPO financial re-engineering package" the street sold AT&T mgmt on may have worked during the Nasdaq's manic days in 99-00, but it seems like a rather dubious approach at this juncture (e.g. hasn't saved LU, CS, MRVC,...). But who knows, maybe it will work and Ma Bell is sure in deep trouble re: the fundamentals of their business without SOME kind of drastic action (I liked the idea of a BTY or WCOM merger better myself...but uncle Sam didn't). I also worked for Bernie Ebbers as VP/Marketing at a John Kluge funded startup here in the valley... I can guarantee you, Ebers could turn T around!

The charts are both quite interesting, I'll try to take a look at them tonight & do a post on the technicals. The AWE situation is starting to look more like a debacle-in-the-making ('LU light?'), as opposed to a swift move to create a mini-McGaw (check out the chart!)

-Steve