AT&T'S SMALL COMPUTER BLUES

"Big bureaucracies and little computers just don't mix," says business writer Thomas McCarroll, assessing AT&T's retreat from the computer industry. The company has announced that it would lay off 10,000 workers worldwide in its Global Information Solutions unit, formerly NCR until AT&T acquired it in 1990. AT&T has lost at least $8 billion in the computer market since its 1984 breakup with the Baby Bells, McCarroll notes, and with these cutbacks seems ready to retreat into its traditional telecommunications business.

Quotes of the Day »

RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
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