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AT&T Wireless Group (AWE) Message Board

  • slim_niceguy slim_niceguy Feb 1, 2004 5:35 PM Flag

    1+1+ more than 30 bil

    The market cap is already 30 bill at $11. With a party of two- vod and cingular dancing around, 30 bil won't be enough. Maybe 13-14 a share is what it will take. Personally i'd love to see a bidding war and Cingular forced to make a crushingly expensive bid. AWE's network needs lots of expensive work that Verizon and Sprint's CDMA networks don't. Add to that a weak position to begin with marketwise and you've got one hot potato if Cingular buys it. Wireless will only become more of a commodity as time won't replace the monopoly margins the bells are losing on wired lines. Take the money and run.