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What The Scoreboard Tells Us About Telephone Rates


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WHAT THE SCOREBOARD TELLS US ABOUT TELEPHONE RATES

Regarding "Well, that certainly felt better" (Corporate Scoreboard, Mar. 15), it was encouraging to see a dramatic and powerful article about the return to profits. Capitalism encourages profit. However, the listings of the top 25 in sales and earnings were striking for what they didn't say.

Seven of the top earners are in the telephone and related businesses. Not one of these seven was in the top sales list. Since the companies' rates are regulated and they were not among the sales leaders, it would seem that phone rates must be higher than necessary.

James J. Gehring

St. Louis


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