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...have needed this deal more than anyone else did. While the company posted a healthy $1.78 billion profit last quarter (in 1998 it earned $5.4 billion on sales of $53 billion), its core long-distance business suffered a 3.4% decline in the face of stiff competition from MCI WorldCom and Sprint. Also worrisome: AT&T's wireless-telephone business is in danger of being lapped by Sprint PCS. MediaOne provides AT&T with sorely needed growth opportunities in previously closed markets, particularly local telephone. "That's what AT&T really knows how to do," says Armstrong. "We're going...

Author: /time Magazine | Title: Ma Everything! | 5/17/1999 | See Source »

...smashing $3.7 billion initial public stock offering last week--spreading wealth up and down the ladder--was less noteworthy than a handful of Internet IPOs that flopped. Say what? Yes, flopped. Shares of online map company Mapquest and online advertising company Flycast failed to double in a day--a stiff bogey but one that Internet companies have been hitting all year. Meanwhile, online real estate company Comps.com actually fell...

Author: /time Magazine | Title: Back to Basics | 5/17/1999 | See Source »

...charge of stealing a five-shilling postal order. His father's legal challenge to the Admiralty made the case a celebrated one. Terence Rattigan's 1946 play ignored the element of religious prejudice (the boy was Catholic) but mined the domestic, romantic and political realms to create a superior, stiff-upper-lip weepie. The surprise is it still works, in this beautifully judged film with Nigel Hawthorne as the righteous father and Jeremy Northam (an Olivier incarnate) as the famous barrister who takes the case. Have a good thought and a quiet cry for dear Old England...

Author: /time Magazine | Title: Cinema: The Winslow Boy | 5/17/1999 | See Source »

Before making its reservations for Georgia, however, the Crimson will likely receive stiff challenges from both Notre Dame and Baylor--assuming the Bears dispose of Indiana State in the first round...

Author: By Richard A. Perez, CRIMSON STAFF WRITER | Title: M. Tennis Gears Up for NCAAs | 5/14/1999 | See Source »

...prepare for the spring season, the team raised money and organized a spring break trip to Italy. While overseas, the team faced stiff competition, including Italian national team players. Radcliffe went winless in three outings on the trip but felt confident about its play...

Author: By Meredith M. Bagley, CONTRIBUTING WRITER | Title: Radcliffe Rugby Gets Ready to Soar Again | 5/12/1999 | See Source »

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