MCI Communications (MCIC) Message Board

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Technology Stocks : MCI Communications (MCIC)

MCIC 0.0001000

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Jan 13 12:10 PM EST

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To: Delphi who wrote (1620)	6/16/1998 11:48:00 AM
From: Teegir	Read Replies (2) of 1692

MCI stockholders will get 1.23+ shares of WCOM for each share of MCI stock, based upon the 20 day closing price average prior to the merger. Thus, if the WCOM average is 44/share for the previous 20 days, your MCI stock is valued at about 55. The 1.23+ shares is if the WCOM price is above 41. If it is between 29 and 41, it is different, and if it drops below the low end, MCI stockholders get more shares.

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