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Technology Stocks : Viatel (VYTL)

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To: Brian Nichols who wrote (87)	3/31/1999 10:07:00 PM
From: Jack Gibson	Read Replies (2) of 157

Brian: There is an excellent article in this week's Businessweek magazine on European "dealmaking". It cites all of the megadeals that have been made in Europe recently as evidence of an ongoing and improving M & A hotbed. The author believes that we "ain't seen nothin' yet". He thinks that European activity may rival the Amer- ican frenzy of recent years, and telecom is mentioned prominently. Also indicates that big prices are the norm now and even larger ones are in the offing. Without a doubt VYTL stockholders are in a great position. Personally I thought we might make more money by remaining independent at least until the first or second quarter of next year, but after reading the article, I am undecided. Whatever, I'm just happy to be smack in the middle of it all. My average price is around $13.00, so I'll not complain whatever happens. Good trading, Jack Gibson

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