Williams Communications Group - WCG 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 : Williams Communications Group - WCG

WCG 349.92

+1.4%

Jan 23 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scott Moore who wrote (484)	7/14/2000 12:16:29 AM
From: Bernard Levy	of 609

Today's WSJ had an interesting article entitled ``Williams is kingmaker among telecom startups,'' pointing out that in exchange for placing orders with new optical startups, Wuiliams often receives stock far below the IPO price. For example, in exchange for placing a $30M order with ONIS, William received stock with a current value of $183M for a stock investment worth only $10M. Similarly, after placing a $25M order with Cerent, it received stock (now CSCO stock) currently worth $51M. The other companies with which WMB struck similar deals are Sycamore, Sonus, Accelerated Networks and Corvis.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next