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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (11619)	5/21/2002 6:20:32 PM
From: Lizzie Tudor	Read Replies (2) of 57684

2:53 pm PT WorldCom to eliminate tracking stock structure (WCOM) 1.42 -0.07: Announced it will eliminate WCOM and MCIT tracking stock structure, effective 07/12/02; expects to realize savings of $284 mln due to the elimination of MCIT group dividend, will simplify corporate structure. This is good news, imo. Save the dividend and besides, MCI is looking better with the neighborhood. I'm just happy they are aggressively trying to clean up the finances of the company. I saw you on Zeevs thread, I agree with you wcom could be worth 1/4 of a baby bell valuation in a few years, sheesh why not for chrissakes! :-) L

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