SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WCOM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fred Levine who wrote (5802)1/27/2000 4:07:00 PM
From: JM  Read Replies (1) of 11568
 
Re: Wcom & Nextel
In my opinion, NXTL was overvalued when it was at $40, and it is now almost 3x more overvalued. Wcom was wise not to go too high with an offer for what frankly still is a fringe player. NXTL sports a ridiculous multiple considering the amount of debt, the unusual technology, and its market share. Wcom knew the shortcomings and made a reasonable offer.

FON much better fits the overall WCOM strategy. The only question is regulatory, and how much wcom will need to give up in order to get the deal to go through.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext