WCOM Message Board - Msg: 5355704

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Technology Stocks : WCOM

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To: Brian Malloy who wrote (3082)	7/29/1998 9:43:00 PM
From: Sonki	Read Replies (1) of 11568

hi u .. off topic. finally found time to visit us? r u in wcom? bot more today. in ira. jan 99. this is for me to read later... Telebras sale exceeds expectations Telefonica, MCI emerge as winners at auction THE WALL STREET JOURNAL Global telecommunications giants and local investment groups placed bets Wednesday on Brazil's economic potential by paying a total of $18.85 billion - 64% more than the government had asked - for the 12 pieces of Telecomunicacoes Brasileiras SA, better known as Telebras. Spain's Telefonica led a group that offered 5.78 billion reals ($4.97 billion) - a 64% premium - for Telesp, the fixed-line telecom service for Brazil's Sao Paulo state.

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