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Technology Stocks : WCOM

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To: Harry Ehrlich who wrote (2791)7/3/1998 5:24:00 PM
From: SDR-SI  Read Replies (1) of 11568
 
Harry:

Sorry I did not answer earlier, but at work today I never got a chance to look at SI or anything else. Doug indicated what the deal is. If you are not playing for arbitrage and are looking to add to a medium-long term position, it doesn't really make much difference whether you buy MCIC or WCOM. MCI should pretty much follow WCOM and as the deal gets totally solid, eat up the 2.5% discount.

But, if you really want to own more WCOM and you don't want to be bothered with even the ever-decreasing risk of the MCIC deal blowing up, I'd just buy more WCOM.

Have good Fourth.

Steve
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