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Post# of 18894
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Bernard Ng

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Bernard Ng

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Re: Bernard Ng post# 11712

Friday, 02/14/2003 8:59:50 AM

Friday, February 14, 2003 8:59:50 AM

Post# of 18894
T AT&T initiated with Sell at Fulcrum (17.49)
Fulcrum initiates coverage with a SELL; citing stiff competition and its expectation that T will have to cut it dividend in 2004. Initiates other wireline providers - FON, SBC, VZ, BLS, and Q - with Neutral ratings.

signed,
Bernard

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