The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: thebeach who wrote (6334)	1/9/1999 12:47:00 AM
From: Jules Shear	Read Replies (2) of 90042

Thread, I think the primary reason for the OMPT drop this PM was that MCI/WCOM announced this PM that they "were not interested" in bidding for ATI. Although this thread has some speculation about BEL or BT buying OMPT, I think that alot of the run-up in OMPT has been based on the theory that whoever does not get ATI (WCOM, VOD, etc.) will be the one to end-up with OMPT. With MCI/WCOM out of the running for ATI because they/Ebbers believe they don't need wireless to compete with T and FON, I think some folks wanted to "take their OMPT $$ and run" since one potential, large suitor is out of the bidding for wireless (for now). Unless the rumor on this thread has legs, I would be surprised to see a big run-up on Monday. But since the probability of OMPT getting acquired or receiving equity infusion from large telecom soon is really high, I don't see too much down risk in holding either. Congrats to anyone who found this thing at $5 a few months ago. A 3X run-up is pretty impressive.

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