SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WCOM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony Wong who wrote (2727)6/24/1998 4:43:00 PM
From: Maven  Read Replies (1) of 11568
 
To: Anthony Wong and All

Thanks for the WSJ article confirming EU approval of the WCOM/MCI merger. Unless something totally unpredictable occurs, it is to all intents and purposes a "done deal".

As others have suggested, the price of MCIC will gradually converge on the (WCOM x 1.2439) price as July 8th approaches. DOJ approval is almost a certainty.

Beyond merger day, my concern is how quickly and painlessly WCOM can change the corporate culture of MCI and digest what was a low-growth struggling entity, without impacting the WCOM bottom line. Although it is now the darling of the Street crowd, one stumble and WCOM could be mauled by the same analysts who now glorify it. Once the 'marriage' of WCOM and MCI is consummated, it may be a short honeymoon.

RSSheldon
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News