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Technology Stocks : WCOM
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To: Dave Yenne who wrote (2856)7/13/1998 8:39:00 PM
From: MGV  Read Replies (1) of 11568
 
"I have heard that the MCI assets could fetch between 2 ad 4 billion dollars."

That would be good news but, I think those figures may have come from GTE (ironically). In its campaign to influence the EC and DOJ to prohibit the merger, at one point GTE argued that MCI's internet business was worth $4B. Its motive was to argue that the C&W sale wasn't enough by definition of being valued at $650 Million.

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