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Technology Stocks : Williams Communications Group - WCG

WCG 349.92

+1.4%

Jan 23 4:00 PM EST

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To: Bernard Levy who wrote (263)	12/17/1999 12:28:00 AM
From: Mark099	Read Replies (1) of 609

>>I had heard that BCE was the cheapest telecom stock in the world, but I never understood why.<< It is very simple... based on BCE's holdings of 41% of Nortel and Nortel's current market cap, the market cap of BCE is composed almost entirely of Nortel meaning that the non-Nortel assets have been given no value by the market. It is really a very interesting situation when you look at it, but it's hard to predict the market. Mark

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