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American Morning
Minding Your Business: Take Your Home Phone Number With You
Aired November 03, 2003 - 07:54 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
BILL HEMMER, CNN ANCHOR: If you use your cell phone more than your home phone, this is for you. Andy Serwer is out today. Christine Romans is not. She's here "Minding Your Business," picking up the slack.
Nice to see you.
CHRISTINE ROMANS, CNN FINANCIAL NEWS: Nice to see you, too.
HEMMER: So, we can transfer our phone and save a lot of hassle maybe?
ROMANS: Maybe. Well, "USA Today" is saying that it looks as though the FCC might allow this, might allow you to take your home phone and transfer it to your cell phone number. There is something called portability that happens November 24. That's where, much to the chagrin of a lot of the wireless companies, you're going to be able to take the cell phone number you have you right now and shop around to another phone company. That could save you some money. That could be good news for how many minutes you get.
And now maybe you can do the same thing with your home phone. Direct marketers don't like it that much because they're not supposed to call your cell phone for direct marketing. It will be interesting to see if it will happen. I mean, do you use your phone at home more than your cell phone?
HEMMER: No. Cell phone, much more.
ROMANS: Six million Americans don't even have a land line at home anymore.
HEMMER: Is that right?
ROMANS: They just have a cell phone.
JACK CAFFERTY, CNN ANCHOR: I don't have a cell phone.
ROMANS: You don't have a cell phone.
(CROSSTALK)
HEMMER: You were starting to see this trend -- it's true -- a few years ago, and it's really starting to catch on, as you point out.
ROMANS: Absolutely. So, about six million Americans already have moved right over to a cell phone. So, this could allow to you move right to a cell phone. And so the big Bells companies don't like that.
HEMMER: (UNINTELLIGIBLE) guy over here.
ROMANS: I know. There is the average American and then there's Jack.
(CROSSTALK)
CAFFERTY: I don't want a cell phone.
ROMANS: Absolutely.
Meanwhile, the markets...
HEMMER: Yes.
ROMANS: ... the fantastic month of October.
SOLEDAD O'BRIEN, CNN ANCHOR: Stocktober is over.
ROMANS: Stocktober, that's good. Up 5.7 percent for the S&P, and the Dow had a great run as well. And, you know, last week was really good. A lot of good economic news. A big mutual fund scandal, though, that's keeping a lid on things.
We'll see how November turns out, but I can tell you -- we'll show you a little later the top mutual funds and how they performed in October and for the past 52 weeks. After three terrible years, everyone, you will be seeing some green arrows.
(CROSSTALK)
ROMANS: I'm happy to report.
O'BRIEN: All right, it's about time. Thanks, Christine.
ROMANS: You're welcome.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
You>
Aired November 3, 2003 - 07:54 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
BILL HEMMER, CNN ANCHOR: If you use your cell phone more than your home phone, this is for you. Andy Serwer is out today. Christine Romans is not. She's here "Minding Your Business," picking up the slack.
Nice to see you.
CHRISTINE ROMANS, CNN FINANCIAL NEWS: Nice to see you, too.
HEMMER: So, we can transfer our phone and save a lot of hassle maybe?
ROMANS: Maybe. Well, "USA Today" is saying that it looks as though the FCC might allow this, might allow you to take your home phone and transfer it to your cell phone number. There is something called portability that happens November 24. That's where, much to the chagrin of a lot of the wireless companies, you're going to be able to take the cell phone number you have you right now and shop around to another phone company. That could save you some money. That could be good news for how many minutes you get.
And now maybe you can do the same thing with your home phone. Direct marketers don't like it that much because they're not supposed to call your cell phone for direct marketing. It will be interesting to see if it will happen. I mean, do you use your phone at home more than your cell phone?
HEMMER: No. Cell phone, much more.
ROMANS: Six million Americans don't even have a land line at home anymore.
HEMMER: Is that right?
ROMANS: They just have a cell phone.
JACK CAFFERTY, CNN ANCHOR: I don't have a cell phone.
ROMANS: You don't have a cell phone.
(CROSSTALK)
HEMMER: You were starting to see this trend -- it's true -- a few years ago, and it's really starting to catch on, as you point out.
ROMANS: Absolutely. So, about six million Americans already have moved right over to a cell phone. So, this could allow to you move right to a cell phone. And so the big Bells companies don't like that.
HEMMER: (UNINTELLIGIBLE) guy over here.
ROMANS: I know. There is the average American and then there's Jack.
(CROSSTALK)
CAFFERTY: I don't want a cell phone.
ROMANS: Absolutely.
Meanwhile, the markets...
HEMMER: Yes.
ROMANS: ... the fantastic month of October.
SOLEDAD O'BRIEN, CNN ANCHOR: Stocktober is over.
ROMANS: Stocktober, that's good. Up 5.7 percent for the S&P, and the Dow had a great run as well. And, you know, last week was really good. A lot of good economic news. A big mutual fund scandal, though, that's keeping a lid on things.
We'll see how November turns out, but I can tell you -- we'll show you a little later the top mutual funds and how they performed in October and for the past 52 weeks. After three terrible years, everyone, you will be seeing some green arrows.
(CROSSTALK)
ROMANS: I'm happy to report.
O'BRIEN: All right, it's about time. Thanks, Christine.
ROMANS: You're welcome.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
You>
