Can anyone guess how many shares and what effect their entry into the market place will have, when LU employees most convert
their current T stock into LU or mutuals in their 401Ks? I know some LU people whose 401K contains a few thousands each and by
year end 1998 they must divest of all T holdings. This could free up a supply of stock over the next year that previously was
locked up tight. Does anyone think that we have already started to see some sell off? I like T and think their chart looks ready to
break 75, but if it does hit that high of level, it may spark that conversion.
I would defiently sell T right now. There is so many other
stocks that will outperform T now.
I would put some in WCOM, MCIC, CMCSK, small amount in SEEK,
and whatever else that might be on your list.
Get out of T for now. It is normal with stocks that have had
big runups to correct 30% or more.
Let's face it WCOM.Your company got where it is by stealing the cream off the top of the milk bottle. Then WHINING to anyone
who would listen about big bad Ma Bell. You make a good spokesman for WCOM and MCI-THE ORIGINAL WHINER-about where one should
put their money. The poor residential customer is getting shafted now with incremental access charges to subsidize your
escapades and adventures. The residential customer doesn't have a spokesman with the Justice Department, The FCC, State and Federal
Courts, or whomever else can change the rules. My wonder is now that perhaps ATT has capitualated to the same dirt bag game your
companies initiated. Is there a secret agreement that precludes ATT from ever buying a local Telco? Does ATT Feel that it is better
off to bundle their long distance service to the LEC and put the poor residential customer on the back burner? Why does an older
couple who needs a phone to call their local fire department or ambulance have to pay access charges when they want to only call
down the street? If ATT bought a local Telco,access charges would then become a moot argument because you would then have a
dedicated long distance provider.Just think about the hundreds of millions of dollars that could be kept in the pockets of the average
shmuck each and every month! Let's face it, the great experiment doesn't work and never will. Power to the people!!!