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

To: AHM who wrote (1532)	7/2/1998 9:51:00 AM
From: m thompson	Read Replies (1) \| Respond to of 4298

AT&T deal with TCI seen as a boost Ma Bell going fromÿ 'dinosaur to race horse,' analyst says By Jeffry Bartash, CBS MarketWatch Last Update: 04:45 PM July 01, 1998 Also see NewsWatch WASHINGTON (CBS.MW) -- Wall Street can't see past the next quarter and is underestimating AT&T's $48 billion decision to acquire cable company Tele-Communciations Inc., an analyst said Wednesday. "This deal will transform AT&T (T) from a dinosaur into a race horse," said analyst Frederick Moran, who covers telecommunications stocks for Furman Selz. Many analysts, however, say AT&T overpaid for TCI (TCOMA) and doubt the long-distance giant can get its massive network up and running by its target date of 2000 -- at least not without spending billions more than AT&T says it will. That would crimp future earnings. Amid such concerns, AT&T stock has fallen about 13 percent since the deal was announced on June 24. The stock closed down 3/8 at 56 3/4. "Wall Street analysts tend to be short-sighted in their focus," Moran said. "Once the investor community can begin to recognize that AT&T is putting together a network to offer a bundle of telecommunications services, which will put them in the driver's seat against the regional Bells, the stock will come roaring back." Moran says the technology AT&T intends to employ -- two-way cable connections eventually based on the new "Internet-packet" standard -- is "completely proven." "AT&T's ambitions are bold, but clearly grounded in current reality," Moran said.ÿÿ

To: AHM who wrote (1532)	7/2/1998 12:36:00 PM
From: limtex	Read Replies (3) \| Respond to of 4298

AHM - Great deal Mr Armstrong really great deal. See if you can ge the stock back down to $30's before the end of shall we say next month. Dropping $1 per day but today up to $2 per day . Keep that up and in 17 days the stock will be below $20. And all this while the Dow was having good run up. Wonderful $66 to $54 in about a week for one of the greatest companies on the Dow. No doublt the market probably doesn't understand the fantastic beneifts that this deal is going to bring. Well I supposre that some investor or analyst somewhere does but the market is the market as dissappointing as that might be to great deals like this one and the market seems to think it is worth dropping the value of T (yes T!!!) by a whopping $12 in just oever a week with not only no end in sight but a now increasing daily drop. Great move!! Give the man some more options

To: AHM who wrote (1532)	7/2/1998 4:18:00 PM
From: Vladimir Zelener	Read Replies (3) \| Respond to of 4298

AHM <<I also dropped worldnet - as an online trader with continuous quotes I refused to pay added charges for over 150 hours.>> According to ATT only 3% of worldnet customers are using more then 150 hours a month. The remaining 97% of customers use only 22 hours a month. Worldnet has 1.1 million customers, so 3% of those sitting on the access port represented 300,000 busy for the whole day ports. I am sure it is a considerably more then 3% of WorldNet ports. It was creating significant number of busy signals for the remaining 97% of worldnet customers. Now that 3% of unhappy customers like yourself departed ATT's worldnet reports much better quality of service for the remaining 97%. BTW ATT worldnet did not raise the price of unlimited (which is now limited by 150 hours a month) rate. It still is $20 a month, unlike AOL, which raised it to $22.50. Moreover I believe I sow advertisement of ATT Worldnet and Excite promotion with the homepaging to 'excite' for $15 a month for the 1 year for current ATT LD customers. So it looks like ATT is meeting the MCI chalange.