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Technology Stocks : WCOM

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To: Kevin Podsiadlik who wrote (3452)11/7/1998 6:45:00 AM
From: Teddy  Read Replies (1) of 11568
 
Looks like there is a new rumor now:

thestreet.com
...Omnipoint (OMPT:Nasdaq) climbed 0.5% on a separate rumor MCI WorldCom (WCOM:Nasdaq) sought to acquire the firm, Payne said.

Payne, whose firm provides a service detailing such rumors to its clients, could not confirm the veracity of any of the items...
Laura Knight, director of investor relations at Omnipoint, said the company has been having discussions with various parties about taking an equity stake in the company -- and has disclosed that to shareholders -- but had no specific knowledge of any pending deal with MCI WorldCom. An MCI WorldCom spokesman declined to comment.
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