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

To: Mark Palmberg who wrote (2339)	5/6/1999 12:07:00 PM
From: Mark Palmberg	Read Replies (4) \| Respond to of 4298

This is ridiculous: http://dailynews.yahoo.com/headlines/ap/financial/story.html?s=v/ap/19990506/bs/mediaone_bidding_war_20.html It's clear that everyone is just now waking up to this deal and seeing "AT&T will have access to 60% of American homes, blah blah blah." If they looked at the specifics of the deal and knew as much about it as we here do, there wouldn't be any bitching at all. But of course these politicians have to let their voters think they're doing something besides bedding their interns. What a joke. Keep America Connected, a coalition backed by regional phone monopolies, took out a three-quarter page advertisement Wednesday in The New York Times calling AT&T's acquisition of MediaOne a ''dangerous and aggressive plan to dominate the way Americans communicate to an extent no force, institution, company or person has ever been allowed.'' Save it. This is the kind of whining that's going to get capped pretty quickly once regulators start looking at this deal in detail. "...the way Americans communicate..."? What, by cable? Christ, Bill Gates already dominates the way people compute (what, ~85% of U.S. desktops?). As always, those who are complaining (note who backs this Keep America Connected joke) are those who wouldn't have the ability to keep up with AT&T in any case. Where were all these pansies after the T divestiture? AT&T has been rebuilding itself from the ground up for the last two years! Did this cable idea not occur to anyone before Armstrong bought TCI?! What have MCI and Sprint been doing, anyway?! Paul Allen and Bill Gates have seen the future (for once; way to go, Bill) and have been getting into cable for years. Bottom line: Armstrong and AT&T will own this market in the future one way or another. If the UMG deal falls through, he'll just find another way in. Am I willing to have my cable, phone (ld and local), and @Home services come to me on one bill? Hell yes! Bring me the service, the sooner the better. Mark