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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: kha vu who wrote (45752)6/22/1999 1:41:00 PM
From: Adelle  Read Replies (1) | Respond to of 120523
 
OMPT- I thought the same thing kha...it also has been on a good run since the week of the 14th..I've traded in and out but hold some long term in my IRA...
Kha, what, if any, is your opinion of TD, soon to have the IPO TWE out..



To: kha vu who wrote (45752)6/23/1999 11:38:00 PM
From: kha vu  Respond to of 120523
 
OMPT: Adell and OMPT holders.
here is the good news we have been waiting for:

VoiceStream Agrees to Buy Omnipoint for $4.5 Billion
<<<<<<<<<<<
Bellevue, Washington, June 23 (Bloomberg) -- VoiceStream Wireless Corp. agreed to buy Omnipoint Corp. for about $4.5 billion in stock, cash and assumed debt to create a coast-to- coast U.S. cellular telephone network.

VoiceStream said it would pay 0.825 shares and $8 in cash for each share of Omnipoint, or $32.3375 a share, a 55 percent premium over Omnipoint's closing share price today. Omnipoint also had $2.15 billion in long-term debt at the end of the first quarter that VoiceStream will assume.

VoiceStream and Omnipoint use the global system for mobile communications, or ''GSM'' -- a digital standard. On their own, their customer growth was hamstrung because they only offered service in limited regions. The combination gives VoiceStream a nationwide network to compete against AT&T Corp., Sprint Corp. and Nextel Communications Inc., which use technologies that differ from GSM and have coast-to-coast coverage.
>>>>>>>>>>