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

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To: Maryann M who wrote (47039)5/30/1999 8:35:00 PM
From: Jim Ray  Read Replies (1) of 90042
 
Maryann:
Hold on to your SKYT shares. WCOM is one of the most loved companies on Wall Street. Their stock price was around $94 about 45 days ago and rising. The price fell when the NXTL rumor hit the street. The street didn't like the possible deal. Bernie Ebbers will make an announcement next week explaining that the SKYT deal will be immediately accretive for WCOM and Wall Street will love the deal. WCOM should pop to $95 or $100 in the next 15 to 30 days. For every $ rise in WCOM your SKYT goes up $.25. If you want to hold for 6 months you should make a really good premium.

I have held WCOM for 3 years and this is always the script Ebbers follows. He does not buy a company that is not accretive, and when he promises that it will be, he always delivers. And Wall Street rewards the stock price. They love him.

In the next few months I think this pick by Jane and Tim could be gangbusters. A hell of a job by both! I also believe the OSI buyout will follow the same script. The combined companies are going to Megaliths in the outdoor advertising business. A hell of a job by Tim on that one!

Needless to say, I didn't have either. All my loose money is in COMS. I think the Master is right on them also. Big time.

Jim Ray
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