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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Jay Lowe who wrote (3696)	5/29/1998 1:08:00 AM
From: Scrapps	Respond to of 9236

Wonder if just maybe there could be some upgradable ones around? <eom>

To: Jay Lowe who wrote (3696)	5/29/1998 1:13:00 AM
From: SteveG	Respond to of 9236

The announcement was basically that they will be deploying xDSL service into telco customer pop areas of 5MM. If they get 50K xDSL subscribers by year end, especially at these rates, I'd be pretty surprised, but probably not as much as SBC would be. Speaking of which, did y'all catch this?: <A> Conn. Atty Genl Seeks To Halt SBC Commun Takeover Of SNET HARTFORD, Conn. (AP)--Attorney General Richard Blumenthal on Thursday asked state regulators to block SBC Communications Inc.'s (SBC) takeover of Southern New England Telecommunications Corp. (SNG). In filing the motion, Blumenthal said the companies have failed to provide information on whether and how rates will be reduced. "Essentially, SBC wants to take over local telephone service in Connecticut without sharing any of the cost savings that would result from its much vaunted efficiencies of scope and scale in this merger," he said. He asked the Department of Public Utility Control to dismiss the merger application of the two phone companies. Earlier this month, his office had urged the department to order a rate reduction and impose other conditions as a result of the merger. Under the deal, SNET would operate as an SBC subsidiary in a state where competition has been slow to come to the local telephone market. Last month, long-distance phone giant MCI Communications asked the Federal Communications Commission to hold off approving the merger until true competition for local service is in place in Connecticut. SBC, a regional phone company based in San Antonio, Texas, announced in January that it would acquire SNET in a $4.4 billion stock swap. The companies hope to complete the deal by year's end. Since then, SBC has also struck a deal to acquire Chicago-based Ameritech, a move that would create the nation's largest local phone company. Blumenthal has asked state regulators to determine if the Ameritech merger would result in additional cost savings for SBC in Connecticut and warrant even steeper rate reductions. SNET, a 120-year-old independent phone company, is the main provider of local phone service in Connecticut and controls about 30 percent of the long-distance market in the state.