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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 3:59 PM EST

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To: Zoltan! who wrote (14921)	7/2/1998 8:03:00 AM
From: Lynn	Read Replies (1) of 77399

I don't get it. Doesn't the price of WCOM already reflect the future merger, making upside potential negligible unless one is in for the very long term? No, I have not followed WCOM or MCIC but it looks like there could be some trouble ahead, at least in Europe and possibly here in the U.S.A., from the following article titled, "U.S. likes EU approach to MCI deal": biz.yahoo.com Here's a small snippet from this article that points to the problem: [quote start] European Union regulators want MCI to sell off its wholesale and retail Internet facilities to prevent it from dominating the Internet business. For a fixed period, the newly merged company could not take back Internet customers even if they wanted to return. Antitrust experts say that kind of approach has not been tried in the United States before. But Klein said European officials had good reasons for their approach. [quote end]

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