WCOM Message Board - Msg: 12551187

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Technology Stocks : WCOM

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To: JDN who wrote (5701)	1/12/2000 3:25:00 PM
From: SecularBull	Read Replies (2) of 11568

Salomon's Grubman: "NET/NET: We believe WCOM is the fastest growing mega carrier with the best set of global network and IP assets in the telecom industry, an industry which is expected to continue to grow at multiples of the global economy. We would take advantage of disruption in the stock caused by apparent misconceptions and inaccuracies to aggressively buy shares of a world-class large cap growth company." Also, he said... "We believe that CNBC got it wrong... [We believe] WCOM's dream scenario would be that instantaneously every one of AOL's 21 million customers could be served by high speed access. This would dramatically increase traffice and revenues to WCOM." "We believe that this truly is a historic buying opportunity." Grubman said that the RBOCs have the most to lose from the AOL/TWX hookup, since Time Warner would be providing last mile service, rather than the RBOCs. LoD

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