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TELECOM AT&T Leads A Sprint Down From Ringing Numbers.(A)(TELECOM)
By Reinhardt Krause
Investor's Business Daily
As phone company stocks melted down in 2000, once-solid chief executive jobs turned into thin ice.
At struggling AT&T Corp.and WorldCom Inc., two chief executives felt the heat. They've stayed on their feet - so far.
Others at start-ups and telecom equipment makers sank.
In telecommunications, rule changes and the Internet's growth fueled expectations in 1999. Start-ups, local phone companies and
long-distance giants boosted capital spending to steamroll rivals.
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