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To: Ramsey Su who wrote (33220)6/25/1999 1:26:00 PM
From: Ruffian  Respond to of 152472
 
Ramsey, You are in luck, he is on vacation. eom.



To: Ramsey Su who wrote (33220)6/25/1999 1:31:00 PM
From: Ruffian  Respond to of 152472
 
Maurice,

MCI WorldCom Sells N.Z. Phone Company
Stake to BT

By Lisa Levenson at Bloomberg News

25 June 1999

MCI WorldCom Inc., the No. 2 U.S. long-distance company,
said it sold its 25 percent stake in Clear Communications Ltd.,
New Zealand's No. 2 phone company, to British
Telecommunications Plc.

Terms weren't disclosed. MCI WorldCom had agreed to sell its
interest in Clear Communications following WorldCom's
acquisition of MCI Communications Corp. last year.

British Telecom, the largest U.K. phone company, said last
week it would buy the 75% of Clear Communications it didn't
already own. That included the 25% stakes held by MCI
WorldCom and Television New Zealand Ltd., the government-
owned broadcaster.

British Telecom's full ownership will allow Clear to compete
more effectively with Telecom Corp. of New Zealand, the
nation's No. 1 phone company. British Telecom has been
expanding in the Asia-Pacific region, buying phone
businesses from Japan to Hong Kong and India.

MCI WorldCom shares rose 1 to 93 9/16 in midmorning
trading. British Telecom shares fell 8 pence to 1,115
(US$17.70), and its American depositary receipts, each of
which represents 10 ordinary shares, fell 2 9/16 to 177.

MCI WorldCom is based in Jackson, Mississippi.

Copyright 1999, Bloomberg L.P. All Rights Reserved.



To: Ramsey Su who wrote (33220)6/25/1999 2:05:00 PM
From: Jon Koplik  Read Replies (3) | Respond to of 152472
 
Just a reminder, Wired had a cover story a while back : "83 Reasons Why Microsoft's Reign is Over" (or something like that).

(This does not prove Wired will be correct).

But, I always feel I must mention to anyone who tells me they are currently long MSFT that I feel the probabilities are stacked greatly against them having any positive rate of return on MSFT (starting now, of course).

Jon.



To: Ramsey Su who wrote (33220)6/25/1999 2:39:00 PM
From: lkj  Read Replies (2) | Respond to of 152472
 
OT
Ramsey,

Microsoft is a company of the past, now, and future. Of the existing big companies, Microsoft may gain more than anyone else, because of the Internet. Every where you look, Portal, Media, Content, Entertainment, and Technology, Microsoft is either a leader or a second place player. Microsoft may not dominate the Internet as it has dominated the PC world. It will be the biggest player in the Internet age, unless the justice department can break it up, which I think is a bad idea. Microsoft needs to be restrained for anti-competition acts, but not broken up. The Internet needs someone to push for new standards and technology. There is no one that can do it better than Microsoft and Bill Gates.

For both the evil and benefit Microsoft brings, I vote to keep it as it is.

Khan