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Non-Tech : Amati investors
AMTX 2.095+19.0%Nov 7 9:30 AM EST

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To: JW@KSC who wrote (30896)5/26/1998 8:19:00 AM
From: Eric Goethals   of 31386
 
[GTE files lawsuit on WorldCom/MCI merger]

Hi Jim, Just poking around the news rooms as you can see.
Rain, 68deg. Beer still cold. -Eric
------------------------------------------------

...merger between WorldCom Inc. and MCI Communications Corp., saying that any overlap between the two U.S. companies in the Internet market should be eliminated...

...A major concern is that the combined entity could control Internet service prices...

...U.S. rival firm GTE, which has filed a lawsuit to stop the merger, has argued that WorldCom and MCI would together control between 50 percent and 60 percent of Internet traffic. But, the two partners say their market share would be only about 20 percent based on
revenue...

www2.nando.net

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