BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

Correction: Sept. 18 Micro Ticker Report said mortgage-backed securities trading at Drexel Burnham Lambert Inc. had been unprofitable for past three years. Drexel's MBS trading chief Thomas K. Guba says mortgage-backed securities trading has been profitable for each of last three years. Guba denies report that most MBS traders at Drexel will soon be let go.

AT&T plans acquisition of privately held Istel Ltd., U.K.-based information and technology services company, for 180 million pounds sterl

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