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Technology Stocks : WCOM

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To: Bong Lewis who wrote (5751)1/21/2000 2:52:00 AM
From: Marco Polo  Read Replies (3) of 11568
 
As seen on Whalefn.com:

Finally, another tech stock that isn't incredibly overvalued! MCI WorldCom (WCOM 43 3/8) is on the leading edge of the Internet revolution. Didn't know that? Well, you're not the only one. But the simple fact is that MCI controls over 50% of the world's Internet traffic through its subsidiary UUnet. If Exodus can get a market cap of $15 billion for less than 2%, you'd think that MCI WorldCom would be worth a good $350 billion, right? Nope. At current prices, MCI is worth a paltry $132 billion. That's nothing! When you consider that AT&T is worth more than that based on long distance service alone, you've got a long term winner in MCI.

18-month price target: $120.
Whalefn recommends: Strong Buy.
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