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

To: wogger who wrote (2193)	4/23/1999 6:44:00 PM
From: Robert S.	Respond to of 4298

wogger, the following synopsis was relayed to me: T offer superior to CMCSK since T can minimize downside through collar on decreasing shareprice Dilution will be offset by cost reduction programs; instead of $0.30 per share dilution, expect 3 to 5% dilution Revenue growth will increase from 8% to double digits Armstrong doesn't believe relationship with cable industry will be harmed T made bid for UMG after CMSCK bid since T involved with TCI deal Ramin, here is a story addressing the late day selloff: msnbc.com