Dennis,
IMO, Business Week does not normally propagate baseless rumors. Whether the purchaser is Global Crossing, Cable & Wireless, or PSI net, certain other factors remain constant.
Among them is the intriguing coincidence that the end of the quiet period, the IXC sale date, and the April deadline for the buyout of IXC's 14% interest in DCI all fall within a few weeks of each other. I do not know if or how the Wavetech merger falls into this (although it does fall into the same date range), or if it's simply a byproduct of a parallel process.
Nor nor do I have any sense of the degree to which DCI may be driving any part of the process or whether Murphy is simply riding the swells. His drive to consummate the Wavetech merger and arrange for financing the switches does not point to a purely passive role, in any event. This is valid even if ensuring his ability to have DCI take an independent path, if necessary, is nothing more than a negotiating position. As long as we can walk, we're part of the talk.
Just musing, but a true DCI catalyst does seem nigh, doesn't it?
Steve B. |
