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To: Rich Powers who wrote (23153)4/20/1998 5:56:00 PM
From: Graham Dellaire  Respond to of 36349
 
Just be glad you don't own AT and T... Down over a buck and they beat earning estimates by 11 cents!~!!

see below.

Cheers,

AT&T CORP (Friday's close: 67-1/8) reported 1Q EPS of $0.81
(including net gains of $0.04/share) vs 0.67 in the prior year
period, on revenues of $12.6 bln vs $12.5 bln. Analysts' mean
estimates were $0.70, according to First Call.1998 1Q included a
pre-tax charge of $601 million, or 23 cents per share, reflecting
the company's decision not to pursue the sale of local service on
a Total Service Resale (TSR) basis. Excluding the gains and
charge, profits from continuing operations were $0.77 per share.
(Reuters 07:43 AM ET 04/20/98)