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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.23+0.5%9:33 AM EST

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To: Jon Koplik who wrote (31882)6/7/1999 12:58:00 PM
From: Caxton Rhodes  Read Replies (3) of 152472
 
Jon- Now this would be fun, wcom eats sprint. Say they have a wireless network don't they?

Caxton

Sprint Speculation Begins

In comments made in the aisles and corridors, it became clear that at
least some analysts and investors believe that MCI Worldcom ought to
wind up acquiring the Sprint Corp., the No. 3 long-distance carrier. "I've
already built it into my model," an analyst joked.

There would be two main benefits to such a deal. First, Sprint would give
MCI Worldcom a nationwide wireless phone network. (MCI has no
cellular business.) Second, Sullivan and his financial engineers could
surely wring billions in costs from a combined MCI Worldcom-Sprint.

The two companies do not appear to be in negotiations. But based on
some aisle discussions Wednesday, it is clear that top MCI Worldcom
executives have thought about it.

They fear, though, that regulators would balk on antitrust grounds at the
prospect of the top four long-distance carriers of a couple of years ago
-- AT&T, MCI, Sprint and Worldcom -- becoming only two. But once
the Bells jump into the long-distance market, those regulatory concerns
may ease.


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