Drake Johnstone
Drake Johnstone
accepting high management might offer time tough
If DT Telecom or NTT come in with an $80-a-share offer, management might have a tough time not accepting such a high offer price.
aggressive poorly run terms
Comcast was very aggressive in highlighting how poorly run AT&T was. Comcast was very 'in your face' in terms of the first offer.
instead lack rates response revenue stable surprised
I am most surprised by the lack of competitive response by AT&T and WorldCom. If AT&T had lowered rates they would have stable revenue instead of double-digit declines.
aol cash cox deal flow nice revenue
An AOL counter-bid is not out of the question. The nice thing about a Cox deal is that it would be part of AOL and part of its revenue and cash flow .