Table: Phone Calls
Telecom deregulation is about to set off a free-for-all in local and long-distance calling. These companies are well-positioned for the fray. Stock Recent P-E Est. 5-yr. price ratio* earnings growth** AT&T (T) 51 3/4 13.3 11.1% GTE (GTE) 36 1/4 13.1 7.5 SBC COMMUNICATIONS (SBC) 48 5/8 14.4 9.1 SPRINT (FON) 34 1/4 12.1 11.4 WORLDCOM (WCOM) 28 16.1 19.5 *For fiscal year ending 1996 **1995-2000 annual rate DATA: BLOOMBERG FINANCIAL MARKETS, ZACKS INVESTMENT RESEARCH
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