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NCR BOARD WEIGHS AT&T OFFER

The board of NCR Corp. planned to meet today for the first time since the directors triggered AT&T's hostile takeover attempt a week ago by rejecting a $6.1 billion buyout offer.

On Dec. 2, American Telephone & Telegraph Co. announced it had offered to buy NCR for $6.1 billion in a $90-per-share stock swap. NCR directors unanimously rejected the offer, saying they would not even begin negotiating the sale of NCR unless AT&T offered at least $125 a share.

AT&T countered by announcing a $90-per-share cash tender offer to NCR shareholders, a proposal scheduled to expire Jan. 4.

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