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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 174.54

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Nov 13 3:59 PM EST

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To: bananawind who wrote (2038)	10/5/1999 2:13:00 PM
From: engineer	Read Replies (2) of 13582

marketwatch.newsalert.com Seems europe is now nervous about MCI buying Sprint.... <<An enlarged MCI WorldCom, whose assets include a state-of- the-art pan-European network, forms a formidable rival to Europe's biggest carriers Deutsche Telekom AG , British Telecommunications Plc and France Telecom . "This really is a challenge for the likes of Deutsche Telekom and France Telecom," said John Tysoe, telecoms analyst at WestLB Panmure. "Ebbers's cost of capital is that much lower than theirs as he can raise money from highly-rated paper. "This is going to lead to yet another wave of consolidation fever," he added. Spurred by mounting competition on their home turf, the German and French groups are on the prowl for acquisitions while BT has become one of the most aggressive continental investors, building up a string of joint ventures in key markets. >>

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