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Technology Stocks : ACNS: American Communications Services

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To: Troy Fujimoto who wrote (3)2/3/1997 5:33:00 AM
From: Harry T   of 102
 
biz.yahoo.com

THERE ARE 6.7MM OUTSTANDING SHARES NOW.

IF THEY APPLY TO ISSUE 50MM MORE SHARES THEY HAVE BIG PLANS.

SHARES OUTSTANDING WILL HAVE INCREASED 7.46 TIMES.

ONE MUST DEDUCE ACNS HAS VERY BIG PLANS.

MCI WILL INITIALLY OWN A SMALLER % OF ACNS THOUGH THEY ARE CONTRACTING TO BUY MORE IN TRANCHES PERIODICALLY @ 10% DISCOUNT. THEY CAN ALSO BUY INTO THE NEW OFFERING AS WELL AS BUY ON THE OPEN MARKET.

DO YOU SMELL AT&T AND SPRINT BUYING IN? AT IS MOST PROBABLE THEREFORE A CONTEST WILL ENSUE THAT WILL BE THE DRIVING FORCE WITH THESE THREE BIG GUYS COMPETING WITH EACH OTHER FOR A MAJORITY IN ACNS.

SEEMS TO ME AT&T AND MCI WILL BE RESELLERS OF LOCAL PHONE SERVICES IN ACNS'MARKETS. WOULDN'T THEY HAVE TO IN ORDER TO STAY IN THE COMPETITION.

ALSO, LOOK AT THE QUALITY OF THE TWO LEADING UNDERWRITERS (Alex. Brown & Sons Incorporated and Donaldson, Lufkin & Jenrette Securities
Corporation), THEY UNDERWRITE ONLY FOR TOP QUALITY COS.

LOOKS LIKE ACNS IS PGETTING SET FOR A WAR FOR POSSESSION BETWEEN THE BIG THREE.

ONE OF THEIR STRATEGIES WAS TO BE TAKEN OVER BY A BIG GUY.

ANYWAY, I'M BULLISH ON ACNS BOTH IN THE NEAR AND LONG TERM.

IT IS A BULL MARKET YOU KNOW.
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