Word: sbc
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...Cooperative Baptists swear that the decision to hold their counter-meeting at Disney World was inadvertent, not a symbolic insult. Few believe them. "It was a Mickey Mouse move," cracks Albert Mohler Jr., president of Southern Baptist Theological Seminary, the SBC's premier teaching institution. "It was like children rebelling against their parents." In fact, the gesture is a reaction to the right-wing takeover of the Southern Baptist movement...
...tech-stock watchers are concerned, Wednesday's joint wireless venture between Bell South and SBC couldn't have been timed better. Right when the death knell was sounding on the dot-com craze, wireless technology has emerged as "the new new thing," with new players popping up left and right and a host of IPOs on the horizon. Tech analysts say there are two trends driving the boom: Cell phones have finally come way down in price, making them widely available to the masses, and they will soon become much more versatile, offering a host of digital services...
...dash to provide service to more and more corners of the nation - and the Baby Bells are pooling their resources. Just two days after Vodafone and Bell Atlantic merged their wireless services to become the largest cell phone provider in the U.S, Bell South and SBC sewed up their deal Wednesday, making them number two and knocking former industry leader AT&T Wireless into the "show" position...
...This is all music to Wall Street's ears. Both Verizon (the joint Vodafone/Bell Atlantic venture) and AT&T Wireless have IPOs planned for the coming months that are expected to raise in excess of $10 billion apiece. Executives from Bell South and SBC say their venture could have a similarly huge Wall Street debut. What's more, industry experts expect the number of U.S. cell phone users (currently around 80 million) to double within five years. The cell phone market is expected to grow substantially this summer, when the FCC plans to auction off several billion dollars' worth...
...SBC's executive committee will meet in April at the Final Four. For now, they plan on forwarding all resolutions to the NCAA. "We don't want to compete with the NCAA," says University of Dayton freshman Brooks Hall. "We just want to work together to make things better." Should teamwork fail, don't be surprised if the jocks take their ball and go home, through protests or possibly even sit-down strikes. The NCAA, says one athletic-conference commissioner, "has ignored the needs of these kids for a long time. It shouldn't underestimate how dissatisfied they are with...