ehopper@ehpcb.wlk.com (Ed Hopper) (12/10/90)
Pat was sharp in noticing my humorous "ehopper@ncr.att.com" mail routing. A few thoughts on that subject from someone sure to be affected. I am part of AT&T's Computer Systems Division. NCR has done a lot of public posturing about how much they oppose the merger. Of course, as AT&T's offer price approachs $125, these objections will evaporate. Charles Exeley (NCR President) is doing his job correctly in assuring that NCR stockholders get the most possible $$$ out of AT&T. Until the deal is done, it's in NCRs interest to bellow long and loud about their objections. I should point out that the memoranda distributed on the subject and the external statements go out of their way to provide assurances to NCR employees of continued employment. No such assurances are offered to the AT&T employees, in fact, several statements presume fairly massive upheaval in the AT&T ranks. Certainly NCR employees are upset. I would be too, if the situation were reversed. For that matter, I feel, for various reasons I won't burden everyone with here, that the business was on track to success without the addition of NCR. If I had my choice, they would have left us alone. Of course, for those who assume automatically that AT&T will screw up anything it touches, this is another disaster. I don't think the situation was a disaster nor will it be one if the merger is consumated. My own prediction is that the deal will be done before the end of December for a price in the range of $100 to $110 a share. Ed Hopper BBS: 713-997-7575 ehopper@attmail.com ehopper@ehpcb.wlk.com coming soon:ehopper@ncr.att.com ????!!!!! :-)