PSIX up 26.5%, Takeover(?) Message Board

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Technology Stocks : PSIX up 26.5%, Takeover(?)

PSIX 72.82

-1.5%

3:59 PM EST

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To: Michael Kim who wrote (1555)	11/22/1997 9:39:00 AM
From: bob zagorin	Read Replies (1) of 5650

excerpt from Network World analysis of WCOM / MCI. "...Holy Internet backbones No doubt, local services are what Ebbers and MCI Chairman Bert Roberts want the federal watchdogs to keep their eyes on. But the fact is, WorldCom's growing dominance in the Internet market will be increased dramatically with MCI's backbone and customers. Between WorldCom's pending acquisitions of ANS Communications, Inc., CompuServe Network Services and MCI's Internet network, WorldCom's Internet properties will expand to more than 1,800 point-of-presence sites worldwide. WorldCom will be carrying more than half of all business traffic that goes over the Internet if the MCI deal goes through, said Thomas Nolle, president of CIMI Corp., a Voorhees, N.J.-based consulting firm.'' Seems like someone will have to make a move soon to grab PSIX or cede this market to WCOM.

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