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To: Arnie Doolittle who wrote (5992)5/7/1998 10:13:00 PM
From: Ajay Aggarwal  Respond to of 10227
 
AT&T Digital Celluar - AT&T announces national service package for digital wireless phones
May 7, 1998: 8:16 p.m. ET

NEW YORK (CNNfn) - AT&T unveiled a new class of digital wireless phone service Thursday that aims to replace car phones, second lines, and even your home set.
The AT&T Digital One Rate plan offers service in all fifty states while eliminating roaming fees and separate long-distance charges. And airtime will go for as little as $0.11 per minute.
But the plan doesn't come cheap. There are three monthly pricing options: 600 minutes for $89.99; 1,000 minutes for $119.99; and 1,400 minutes for $149.99.
Current cellular pricing plans will not change.
The company is confident that the price tag won't scare consumers.
"We think customers who are spending forty or fifty dollars a month now will move up to the eighty-to-ninety dollar range and use this as their (main) phone," said Dan Hesse, president of AT&T Wireless.
The service requires the use of a digital multi-network cell phone, called a "Personal Communications Service," or PCS, phone, which works on AT&T's digital network as well as on other digital networks and on analog systems.
Caller ID, paging, voice mail, and call waiting are all included free with the service.
Even if you already have a digital cell phone, you'll be required to buy a new handset, the Nokia 6162. It sells for between $199 and $229 and weighs less than six ounces.
Robert Wilkes, communications analyst with Brown Brothers Harriman said, "I think it's moderately important for the company as a whole, because it shows AT&T's wireless business is getting closer to the point of migrating calls from wired networks to wireless."
AT&T Wireless has faced growing competition from Baby Bells, as well as companies such as Nextel Communications and Sprint PCS.
Shares of AT&T ended the day 1-11/16 at 57-7/8, on word of U S West's alliance with Qwest Communications.
-- from staff writer Brendan Hasenstab



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To: Arnie Doolittle who wrote (5992)5/7/1998 10:32:00 PM
From: jimmyo  Respond to of 10227
 
Going shopping in the morning!
I love a sale! I'm not a technical investor, and the plan hasn't changed.There's 3 outs in a inning(for each team) and 9 innings,if you stopped playing every time you had 2 outs your a loser even if you win the game. jimmyo still NANTUCKET bound!



To: Arnie Doolittle who wrote (5992)5/8/1998 11:25:00 AM
From: Ed Pittman  Respond to of 10227
 
Arnie..
Good to see you posting again.

You sure are right about the 7th game of the World Series...Give me the ball...I live for those days.. But, don't get me wrong, I also have long term investments. Unocal, Chevron, AT&T and the baby bells etc. And I don't touch them, just let the dividends reinvest..

Your right again, that's why I have a plan, a buy point and sell point before I buy.And a timing point..all must match or a sit the fence..I buy on weakness or a support area, that way, if its broken its a very low risk trade..I also never trade for one day.. If it doesn't move on my timing day, I get out .Its more of a position trade for weeks or months..

Well I better get to work, or I'm going to have to fire myself.

Regards
Ed



To: Arnie Doolittle who wrote (5992)5/8/1998 12:51:00 PM
From: Anthony Wong  Respond to of 10227
 
Nextel Communications Inc. Raised to 'Buy' at Furman Selz
[sorry if this has already been posted yesterday]

Bloomberg News
May 7, 1998, 7:48 a.m. PT

Princeton, New Jersey, May 7 (Bloomberg) -- Nextel Communications Inc.
(NXTL US) was raised to ''buy'' from ''hold'' by analyst Frederick W. Moran at
Furman Selz Inc. The 12-month target price is $36.00 per share.

-- Andrew Bekoff in the Princeton, New Jersey newsroom, (609)279-3652