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Technology Stocks : Worldcom (WCOM)

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To: Will Cunningham who wrote (14)5/17/1996 12:54:00 PM
From: Anthony Wong   of 19
 
USLD announced on May 14 that its Board of Directors approved a plan to spin off its billing clearninghouse and information management services business to shareholders by way of a special dividend by the end of fiscal 1996. No other news yesterday. I would wait for pullback to low 30's; the stock has run up too much during the past 2 months. Worldcom should easily run up to $35 by the end of the year if it splits 2 for 1.
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