Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: SteveG who wrote (5626)	5/1/1998 1:27:00 AM
From: SteveG	Read Replies (1) of 12468

<A> MCI -2: Still Sees Merger With WorldCom Closing Mid-Summer NEW YORK (Dow Jones)--MCI Communications Corp. (MCIC) remains "comfortable" with analysts' estimates that it will earn $1.10 a share from continuing operations this year, Chief Financial Officer Douglas L. Maine said Thursday in a recorded announcement about first-quarter earnings. MCI is planning to merge with WorldCom Inc. (WCOM) in mid-summer. The companies are awaiting approval of the deal from U.S. regulators and the European Commission, and do not foresee regulatory delays, said Michael Rowny, who becomes acting chief financial officer on Friday...." "Mid summer" - does anyone have the exact number of billions in cash this puts into British Telecom's pocket?

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