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Technology Stocks : MCI Communications (MCIC)
MCIC 0.00700+6,900.7%3:27 PM EST
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To: Patrick Thompson who wrote (1609)4/20/1998 3:40:00 PM
From: shoe  Read Replies (1) of 1692
 
Hi to all: I was wondering why, over the past couple of days, that MCI went up over 52 when the ceiling for conversion is 51 1/2. Why would people want to pay more than what they would receive in WCOM stock when the share are converted?

MCI is no longer over 52, but it seems like a good idea to sell at prices about 51 1/2 unless you want the WorldCom shares. What am I missing?

Any comments?

shoe
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