TELECOM'S WAKE-UP CALL.

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    • Abstract:
      Evaluates the telecommunications industry for its investment potential. The troublesome signs that predominate the industry, including a decline in the stock prices of the three biggest long-distance companies in the United States; Theory that telephone companies are mismanaging their finances; Decrease in revenue compared to an increase in capital expenditures; Outlook for the future of telecommunications and its viability as an investment. INSETS: WHY TELECOM COMPANIES MAY DISAPPOINT INVESTORS;HOW TELECOM COMPANIES WILL FARE.