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

To: Terror who wrote (1761)	12/22/1998 7:57:00 PM
From: Raptech	Respond to of 4298

Marcie: Why a split? Are you just speculating from the price rise or do you actually have information? Splits are okay, and generally prices do go up after a split, but a split doesn't improve shareholder value. Company performance after a split is substantially more meaningful than the split itself. Just let T continue to perform, split or not, and us long termers will be rewarded for our faith, wisdom, (and luck). Happy Holidays to you and all! Rap

To: Terror who wrote (1761)	12/22/1998 10:26:00 PM
From: Joe Brown	Read Replies (1) \| Respond to of 4298

Sorry to drop in without an invitation, but I absolutely agree that Michael Armstrong is important to AT&T. The strategy of selling Skynet to Loral some time ago, and today's announcement of the aviation business sale to IRIDIUM, indicates a long term corporate strategy - but what is it? If I had to guess, it would be that the company is using other firms as "incubators" for businesses T considers relevant to future growth. By creating, via sale, alliances with forward-thinking communications entities such as Loral and IRIDIUM, AT&T is laying the groundwork for a global terrestrial and space-based communications business that will make the old Ma Bell look like the anachronism it is. Stock splits are fun, and one will surely occur if T continues to execute as well as it has, but the real prize will be awarded to shareholders when the canvas Armstrong is painting is unveiled to an appreciative Wall Street.