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

To: FR1 who wrote (1968)	2/21/1999 3:01:00 AM
From: Mark Palmberg	Read Replies (1) \| Respond to of 4298

Now that the TCI deal is done, what do you think are going to be the next big moves by T. I don't know. I thought T was already going to do a pretty good-sized buyback. Maybe I'm thinking of another company. The thing that strikes me about this company is that Armstrong is really, really looking toward the future. He knows what perception the Street has of his company, and I think he's doing everything he can to change that (e.g, slow-moving, unresponsive, slow-growth, etc.). There are a couple CEOs I won't ever bet against. That list includes Warnock, Jobs, Ellison, Gates, Bezos (though he has to prove his mettle), McGinn, and now Armstrong. YMMV, Mark

To: FR1 who wrote (1968)	2/21/1999 8:12:00 PM
From: Mark H.	Respond to of 4298

Now that the TCI deal is done, let's see if AT&T can make it work. There was an article in the WSJ (2/16 - "Period Of Adjustment" Faces AT&T And TCI) that talked about how diverse the cultures of the two organizations are. TCI being a "scrappy cable-television powerhouse", and where AT&T is about as thick in (old) politics and policy as it comes. In addition to the issues of melding the cultures, it sounds like Armstrong is having troubles at the top as well. Recently, it was reported that Armstrong reorganized the Executive Team to get directly involved with the transition. The rumor is his lieutenants are to be deep in conflict. TCI President Leo Hindery was going to report to AT&T President John Zeglis; now they both report directly to Armstrong. Making it work is AT&T's next move---Can you say NCR? I do agree with MP, if anyone could do it - Armstrong's da' man.