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Technology Stocks : WCOM

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To: Paul Berggren who started this subject2/5/2003 10:35:13 PM
From: sharesighted   of 11568
 
Embratel profitable...
A reason for todays run is Embratel profits and a pending finance deal.
Worldcom owns a piece, if it goes up so does Worldcom's holdings.
They have 51.8% voting & 19.35% economic rights .
They intend to consolidate Embratel holdings into their own statements now.
This will add to the bottom line, even though small.
But selling their stake should garner a higher price.
The stake looks like its worth $255M USD based on
shareholder equity for the economic portion of assets???
The voting rights would increase that worth.

biz.yahoo.com
biz.yahoo.com
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