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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: Anonymous who wrote (1391)	6/23/1998 8:19:00 PM
From: Raptech	Read Replies (1) \| Respond to of 4298

Nice day for T - good move up on solid volume. It's comfortable when T moves with the market. Not if, but when T makes a major merger/acquisition announcement we'll see some significant gains. I don't think any shareholder can complain about T performance since Armstrong came on board. Rap

To: Anonymous who wrote (1391)	6/24/1998 2:55:00 AM
From: Sjp	Respond to of 4298

Dear Anonymous: Way to hang yourself out on that dangerous limb of anonymity. I can't stand it Ian, I mean Mr. Anonymous, I'm coming back out of the closet. Okay, so I was just this side of lacking clarity. Man, do you have to be so mean? Can't we all just get along. Holy Mother of God man, have some mercy. Now that I've gotten that off my chest, let me attempt to clarify. 1) AT&T needs to get rid of old dead weight--affectionatly referred to as "Bellheads." Do you fit the description? This would be the intellectuals who have the attitude in 1998 that they had in pre-1984. It goes something like this: "We're AT&T. Screw them if they don't like it--where else are they going to go for service? Ha Ha Ha." This after they've gone from 100% of the LD market 15 years ago to approximately 40% today. I've gotta' say that's losing a bit of the market share. 2) AT&T needs to replace these Bellheads with telecommunication personel that mentally live in the later part of the 90's. Good luck in a market with virtually 0% unemployment. 3) AT&T needs to hit it's quarterly numbers based on sales revenue and not just from the 16,000 managers who've taken the Disneyland E-Ticket departure package and laughed all the way to their bank of choice. (you know the one's I'm talking about...these are the guys that looked like kids on Halloween in an unsupervised all night candy store. You know who I'm talking about....the more than double the number of managers the AT&T braintrust expected to bolt like lightning out the door. These managers couldn't take their vacation time fast enough in order to get back so they could take the Mr. Armstrong retirement package and run.) If T hits it's quarterly numbers due to retirees and layoffs and sales are flat, the stock will take a minimum 10% hit. Creative accounting no longer flies so well with Wall Street or the SEC for that matter. Just ask the shareholders and Chainsaw Al over at Sunbeam.

To: Anonymous who wrote (1391)	6/26/1998 8:33:00 PM
From: Anonymous	Respond to of 4298

WOW! Almost 62,000,000 shares sold in the last three days...that's a bundle when the average for a day is something like 3,000,000. Here's something in the papers today..."Tele-Communications Inc. is being sued by holders of its Class A common stock, who claim the terms of the No. 2 cable company's $45.8 billion sale to AT&T Corp. favor TCI Class B stockholders. Six Class A Shareholders have filed separate suits in Delaware Chancery Court complaining that the plan to exchange each share of TCI Class A for 0.7757 AT&T share is unfair because Class B holders will get 0.8533 share of AT&T. Class A stock is widely held and has one vote per share, while Class B shares are closely held and carry 10 votes each, according to a lawsuit by Hernando Nieto. The shareholders, who are seeking class-action status, asked Chancery Court to stop the merger under its current terms and award unspecified damages. AT&T, the U.S.'s largest long-distance company, is a defendant, as are TCI officials, including Chairman and Chief Executive John C. Malone." This merger has a long way to go before the dust all settles and the "Street" starts moving T back up again. Anybody venture to guess just how long that will be?