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To: Bob Zacks who wrote (1303)2/3/1998 1:20:00 AM
From: ahhaha  Read Replies (2) | Respond to of 29970
 
It's difficult to pull off but I believe that the below mentioned fusion is the only realistic way for ATT to precede and it's the most bullish. But Armstrong's Monday announcement items below are also bullish news in that it slaps around the meager DSL attempt to multiplex data and voice. I don't want ATT to make a direct investment in ATHM, just enable ATHM to be a fully diversified service provider. If ATT wants to invest in TCI cable plant, that's smart.

"The @Home deal may take the form of an investment or AT&T fusing its WorldNet Internet service with @Home's network

Here's what Armstrong did announce last Monday:

 A rollout of AT&T WorldNet Voice, which enables Internet-protocol phone calls.

 A $1.6 billion cost-cutting target that means the elimination of up to 18,000 jobs, a salary freeze and a management reshuffle

 A turbo-charge of its existing 40,000 miles of SONET (synchronous optical network) plant by installing 80-wavelength "dense-wave-division multiplexors," made by Lucent Technologies Inc. That move will let AT&T become the first carrier to test and deploy a system that can carry more than 3 million calls on a single SONET fiber, according to company officials.

 The addition of 20 more fiber rings to its existing coast-to-coast network of 32 fiber rings; seven more high-capacity, 4ESS switches to its existing web of 136 switches; and 200 more "edge switches" for data-communications traffic."