Qualcomm Moderated Thread - please read rules before posting Message Board

STOCKTALK

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 : Qualcomm Moderated Thread - please read rules before posting

QCOM 173.20

-3.3%

Nov 6 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis Roth who wrote (62)	6/28/2000 2:43:00 PM
From: Eric L	Read Replies (1) of 196538

Dennis, << Novatel to design modem card products for CDMA, HDR applications >> I'll be an "early adopter". <g> Below, more WorldCom-Sprint stuff: >> Disconnecting Long-distance At MCI WorldCom? news@2direct June 28, 2000 wirelessweek.com The European Commission formally prohibited the $129 billion WorldCom-Sprint merger today. Yesterday morning, the U.S. Department of Justice filed suit for a permanent injunction blocking the deal. Regulators feared higher consumer prices and less competition on both sides of the Atlantic. The actions send both companies back to the drawing boards. Sources close to the companies say that WorldCom is seriously entertaining the idea of selling its long-distance business ? mostly acquired with its buyout of MCI ? to focus on its data and Internet business, which deals almost exclusively with corporate clients. That WorldCom may also drop its Sprint buyout proposal, sources say. "WorldCom's options are wide open right now," says telecom analyst Jeff Kagan. The company "started as a business service, and only became a consumer service when [it] bought MCI. [WorldCom] can either fill the wireless void and be a full-service provider or focus on the very lucrative business market for voice and data services." WorldCom spokesman Peter Lucht would only say that WorldCom and Sprint were still discussing alternatives in the wake of yesterday's announcement. WorldCom shares were up more than 4 percent this morning, trading at their highest in a week at $ 44 7/16 as of 11 a.m. EDT. Meanwhile, Sprint Corp. shares were down more than 4 percent this morning. Sprint PCS stocks were holding steady at around $60 per share, down only .25 percent. << - Eric -

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next