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To: Vendit™ who wrote (15858)	5/8/1999 9:59:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 41369

U.S. FCC head wants careful scrutiny of AT&T deal (adds details throughout) By Aaron Pressman WASHINGTON, May 7 (Reuters) - U.S. Federal Communications Commission Chairman William Kennard on Friday warned that AT&T Corp.'s <T.N> complex acquisition of MediaOne Group Inc. <UMG.N> would require extensive review by his agency. "This is a complex transaction," Kennard said in a statement. "Because of its size and reach and the many novel legal and policy issues involved, this proposed merger warrants very careful scrutiny." Kennard's comments were in stark contrast to his reaction last year when AT&T made its first foray into the cable business, buying Tele-Communications Inc. for $48 billion. That deal, which the FCC approved in February, was "eminently thinkable," Kennard said in June 1998. The short statement also contrasted with remarks by AT&T Chairman Michael Armstrong, who has predicted few regulatory difficulties for the megadeal and approval by the end of the first quarter of next year. The FCC, which took less than 10 months to approve the AT&T-TCI deal, has the ability to block mergers or impose conditions if it concludes that a transaction is not in the public interest because of harm to consumers or other market players. AT&T agreed earlier this week to buy MediaOne, the third-largest U.S. cable company, in a $58-billion deal that would make the long-distance phone giant the largest U.S. cable operator. It also struck side agreements to sell up to two million cable subscribers to Comcast Corp. <CMCSA.O> and accept a $5 billion investment from Microsoft Corp. <MSFT.O> AT&T officials have repeatedly tried to reassure investors that the company would take whatever steps necessary to comply with U.S. laws and FCC rules to allow the deal to go ahead. Among the issues likely to be considered by the FCC and possibly by regulators at the Department of Justice or Federal Trade Commission is the deal's affect on the nascent market for high-speed Internet connections. AT&T controls AtHome Corp. <ATHM.O>, the leading high-speed cable Internet service provider, while MediaOne has a sizable stake in the No. 2 provider, RoadRunner. The deal would also put AT&T well above the FCC's ownership limits for cable systems nationwide, although those rules are not in effect pending the outcome of a court challenge.

To: Vendit™ who wrote (15858)	5/8/1999 10:10:00 AM
From: Bald Man from Mars	Read Replies (2) \| Respond to of 41369

I think askresearch's technical chart is extremely helpful ... I also think that for short term bottom, it is best to wait for either 1) Williams %R 14 , goes >80 and subsequently turns back to <80 2) Stochastics 5-3-3, goes <20 and subsequently turns back >20 I agree that both indicators are signalling we are close to the bottom, but how much more downside to go is anyone's guess, I will not rule out an intraday spike down through the 100 level ... the street's sentiment is not in favor of AOL at this time, so will keep a watchful eye for a short term bottom ...

To: Vendit™ who wrote (15858)	5/8/1999 10:32:00 AM
From: avanti77	Read Replies (1) \| Respond to of 41369

Vendit, I know it's been said many times before, but I'd like to say that I'm very impressed with the TA information you make accessible to this board. I'm not strictly a TA person myself, but find the info valuable to factor in as part of a broad analysis of when to get in (or out). So thanks for your selfless efforts. I know many here feel the same. Enjoy the weekend. Donna

To: Vendit™ who wrote (15858)	5/8/1999 11:14:00 AM
From: pfierb	Respond to of 41369

Bravo and many thanks for your lesson. pfierb

To: Vendit™ who wrote (15858)	5/8/1999 11:18:00 AM
From: WGREEN	Respond to of 41369

vendit, thank you again,you have been more than generous with your time and knowledge,i hope i can add such usefull info to this thread some day. wgreen

To: Vendit™ who wrote (15858)	5/8/1999 6:24:00 PM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 41369

Vendit, This inverse 'W' (double top) scares me; period. Methinks 90-100 is the destination. bigcharts.com --Olu E.

To: Vendit™ who wrote (15858)	5/9/1999 8:55:00 AM
From: im a survivor	Respond to of 41369

Thanks Vendit...off to the lake for Mothers Day ( inlaws ). I will look at the charts later today or in the morning when I have more time. Thanks again....and yes I know it's all JYO, but your opinion is highly regarded in my book. Thanks again, and have a great day. KG

To: Vendit™ who wrote (15858)	5/9/1999 2:31:00 PM
From: Hans U. Tschanz	Read Replies (1) \| Respond to of 41369

OT Vendit: Are you using a particular chart programm such as Metastock or Superchart? Thanks for reply. I am just about to evaluate these two. Hans