Based on the posts here...from current employees...this is not a happy company. Its no wonder the company has to hire an outside firm to do...what? I'm still not sure.
If T Business & Consumer are really going to attempt to do all that Dorman and whats-her-name have announced, it sounds like a pretty major reinvention of itself from where the company is now...in terms of both the financial resources and the management required. On the order of what CMA tried to do. Is T really up to this? IMO, for investors T is either a takeover play or its a money pit. If they keep making these noises like they are going to run the company the stock is going to keep dropping...because the smart money does not believe they can do it.
Date: 01/16/02 09:37 pm
Are you enjoying cleaning latrines for a living?
Think you aimed at the wrong person. I do clean a tollet from time to time but I don't do anything work to earn a living. All the work I do now is volunteer labor.
Date: 01/16/02 07:36 pm
No they just hired morons like you!
See Gr. He wasn't fired. He was too stupid to get hired. Now that is bad, when you are not smart enough to pass the AT&T employment test.
As much as I would like to disagree with your post, I can't really find a basis for doing so. Personally I've been hoping for the takeover scenario. But, if you really think about it, T's assets are not sufficiently differentiated from all the other assets being fire saled on the market right now to warrant any kind of premium. That eliminates a takeover play as any kind of viable alternative (and also explains why the stock doesn't ramp up in anticipation of one).
As far as smart money not believing in T management, even the dumbest money on the planet doesn't believe in T management anymore.
The only answer is to burn it down and start over hoping fresh blood can build something from the ashes.
This is an interesting string of posts. The reality is that they're all somewhat correct. I spent 20 years at T, leaving 2 years ago to work on Wall Street. Nothing in big company America really changes that much -- different name on paycheck -- same nonsense.
So AT&T doesn't have the market cornered on the aforementioned complaints.
I would like to add the following, which will be too detailed for most non-AT&T types, but still bears mentioning.
The root of much trouble (in addition to the already noted troubles) can be found in the Network Services Group within AT&T. T folks came up with plenty of new/innovative ideas over the years. Most were thwarted from within by the Network geeks. Their motto was " protect the network - no matter what". That sounds good theoretically, but when things change, theories must change as well. They never did. Example: T is still mostly locked into circuit switched equipment/infrastructure, and didn't/hasn't moved enough to packet switched stuff because of the Network Services organization within.
Add this to the list of fundamental blunders that went on (still going on) at AT&T.
Here's a clue who's to blame; his first name is Frank, and his last name starts with an "I".
Better than even money says he'll wind up being the new CEO of whatever chunk of AT&T remains.
Thanks for putting up with my historical/opinionated rant.
Frank's conservative approach is also what makes the network stable.
I also believe that they have changed to routed traffic to a greater degree than has been announced in the last two years.
"That sounds good theoretically, but when things change, theories must change as well. They never did. Example: T is still mostly locked into circuit switched equipment/infrastructure, and didn't/hasn't moved enough to packet switched stuff because of the Network Services organization within."
A lot can change in 2 years. This is not a true statement.
interesting observation, but 'I' man is on his way out. Read between the lines in his presentation and you will hear talk of retirement. T made the mistake of getting a CEO in there to serve limited time prior to mandatory retirement. Dorman and Bernard are the only hope for T and where it will be in the future, sale to BS or SBC. I do agree with your statement:
Most were thwarted from within by the Network geeks. Their motto was " protect the network - no matter what"
there never has been much cooperation with Core and the other operating units.