81.   The regional phone companies are reeling from their attempts to police the market.

82.   The regional phone companies cannot yet provide long-distance service but they are expected to win approval to enter that market eventually.

83.   The seller of voice-mail systems to regional phone companies told analysts that revenue will be less than expected in coming quarters because of product delays.

84.   The regional phone company now has an application pending with the state Public Utilities Commission.

85.   The spending cut is the latest move by regional phone companies to ease the once-breathless pace of building interactive video communication networks.

86.   The sale, arranged by Salomon Brothers Inc., is the second time in eight days that the regional phone company sold bonds due in a century.

87.   The SBC merger will leave BellSouth the second-smallest of four regional phone companies, potentially vulnerable to takeover in a world dominated by behemoths.

88.   The transfer of call revenue to Embratel would reduce revenue at regional phone companies.

89.   They may join forces with any one of the seven regional phone companies or a long-distance carrier.

90.   They saw phone service as a short-term loser because it depended on the stunningly costly installation of the same technology used by regional phone companies like BellSouth.