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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (27360)12/31/1997 6:12:00 PM
From: ggscott  Read Replies (3) | Respond to of 50808
 
To all, we'll know Friday how much of the decline has been a result of tax loss selling. If Friday is down, Rarebird may be right. If Friday is up $1 or more, maybe that will be evidence that all would-be sellers have already appeared. My own guess is for up $1.25. As for later in the month, 1/15=$21 and 1/31=$25. Good luck to all of us longs!



To: Peter V who wrote (27360)12/31/1997 6:15:00 PM
From: John Rieman  Respond to of 50808
 
The AT&T of Japan needs equipment..........................................

nikkei.co.jp

NTT President Outlines Shift To Multimedia Services

TOKYO (Nikkei)-Nippon Telegraph and Telephone Corp. plans a thorough overhaul of its business practices, including capital investment and personnel and wages, President Junichiro Miyazu told The Nihon Keizai Shimbun. The telecom giant will shift away from a focus on infrastructure toward emphasis on providing multimedia services, Miyazu said, citing an industry-wide shift in that direction.

Basic telephone service no longer provides sustained profit, Miyazu explained, so NTT must generate demand for multimedia services. The world is already seeing a major shift away from ordinary phone service toward the Internet and similar activity, and NTT is behind the curve in these areas, its president stated. A historic makeover of NTT is to be completed by July 1999, when it will be split into two regional telecom providers and one long-distance carrier, all under a holding company.

"After the overhaul we will be offering new products, so the nature of the company must change," Miyazu said, calling the transformation into an information distributor a matter of corporate survival.

Miyazu expressed reservations about recent consolidations in the telecom industry. "We want to invest money and train our people first. I believe this will prove more favorable in the long run."