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Technology Stocks : WCOM
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To: JDN who wrote (5996)3/15/2000 9:58:00 PM
From: Jim Ray  Read Replies (1) of 11568
 
JDN,

You are right. Everyone is laying fiber like mad. I think where a lot of investors are missing the boat is that WCOM has as much or more fiber than anyone. Having fiber with out users is not very profitable. By buying MCI and now FON, WCOM gains a huge customer base that immediately starts adding revenue to WCOM's fiber holdings.MCI was immediately accretive to WCOM's earnings and I think FON is supposed to do the same.
Jim Ray
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