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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: JakeStraw who wrote (2211)5/18/2000 10:39:00 PM
From: Esway  Read Replies (2) of 5499
 
WCOM article.....mentioning RTHM as a possible takeover target by WCOM:

forbes.com

<<Meanwhile there are other markets that MCI WorldCom, the second-largest long-distance provider, needs to compete in. For instance, it's crucial for large telcos to sell broadband services. Although the carrier is building its own digital subscriber line network, acquiring a provider such as Rhythms NetConnections (nasdaq: RTHM)--which has annual sales of $18.5 million and has already deployed DSL in 40 U.S. markets--would let MCI WorldCom quickly roll out high-speed Internet and data access services. Brewer expects DSL deployments to eclipse cable service rollouts this year. >>
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