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Technology Stocks : WCOM

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To: Mazman who wrote (2260)3/19/1998 4:38:00 AM
From: Anthony Wong  Read Replies (2) of 11568
 
Invesco Communications Fund
Manager Names Top 5 Hlds

Dow Jones Newswires
March 18, 1998

NEW YORK -- Deregulation in mature markets, low
penetration in emerging markets and an explosion in data
traffic are three major trends influencing the
telecommunications industry, said Brian Hayward,
portfolio manager for the Invesco Worldwide
Communications Fund, during an appearance on CNBC
Wednesday.

The fund, which has increased 57% in value over the last
12 months, had $186 million in total assets invested in
69 stocks. Its top five holdings are Global Telesystems
Group Inc. (GTSG), WorldCom Inc. (WCOM), Nextel
Communications Inc. (NXTL), Colt Telecom Group
PLC (COLTY) and MCI Communications Corp.
(MCIC).
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