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Technology Stocks : PC Sector Round Table
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To: Mark Oliver who wrote (1709)4/19/1999 10:28:00 AM
From: Frodo Baxter  Read Replies (3) of 2025
 
>Looks like a bid of 7 13/16's may be the open. Hope you remember me at Christmas. Will you hold for the end, or take a profit? Maybe a sweeter deal comes along. MCI may out bid Sprint?

Possible. WCOM owns some of their bonds, so they probably wanted it as a bankruptcy play until Sprint got into the picture. It ain't RJR Nabisco, but WCOM has outbid other suitors before. Breakup fee is a measly $14 million. Still, I think this whole MMDS business is ridiculous. I'll let my money park here, though, unless something better comes along.

I'll send you my Furby for Christmas. Although by then, you'll probably want my Star Wars poster...
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