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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: Anthony Wong who wrote (4614)	6/9/1999 6:16:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 11568

MCI WorldCom vice chairman files to sell shares Wednesday June 9, 4:08 pm Eastern Time WASHINGTON, June 9 (Reuters) - John Sidgmore, vice chairman of long distance telephone company MCI WorldCom Inc. (Nasdaq:WCOM - news), plans to sell 400,000 common shares of the company worth more than $35 million, a regulatory filing on Wednesday said. Sidgmore, who also sits on the board of the No. 2 U.S. long distance provider, acquired the shares on June 4 by exercising a stock option, his filing with the Securities and Exchange Commission showed. A spokeswoman at MCI WorldCom, based in Mississippi, declined to comment on Sidgmore's filing. As of April 1, Sidgmore beneficially owns 3,040,688 common shares, or less than 1 percent of the 1.8 billion common shares that MCI WorldCom has outstanding, according to the company's most recent proxy filed with the SEC on April 23. His stake includes 901,789 shares purchasable upon the exercise of options, the proxy said. MCI WorldCom's stock price is trading up $1.50 to $90.50 on Nasdaq.