Lesson #2 Telecom and 1997 Midyear Market Review June 25, 1997 Lesson #2, Reform Brings Opportunity Government reform generates winners and losers; who will win and who will lose is not always clear. Telecommunications Act of 1996 Meets 1997, by Dale Wettlaufer AT&T Warning 09/24/96 AT&T Spin-Offs 02/06/97 Dereg. 05/07/97 Dereg. News 06/06/97 AT&T Board LCI's Board Discuss Nynex Discuss SBC On to LESSON 3 _________________________

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