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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: fooledalot who wrote (2787)	7/8/1999 9:48:00 AM
From: Night Writer	Read Replies (1) \| Respond to of 12662

fooledalot, WCOM is on fire!!!!!!!! Two good press releases. NW MORGAN STANLEY'S WIEN ADDS MCI WORLDCOM <WCOM.O> TO US FRESH MONEY BUY LIST REUTERS PACKARD BELL NEC AWARDS MCI WORLDCOM TWO MULTI-MILLION DOLLAR CONTRACTS; COMBINED DEALS INCLUDE VOICE, DATA, MANAGED AND REMOTE Access Services SACRAMENTO, Calif. and CLINTON, Miss., Jul 8, 1999 /PRNewswire via COMTEX/ -- MCIWorldCom (Nasdaq: WCOM) today announced it has been awarded two multi-year contracts for communications services, valued at nearly $20 million, by Packard BellNEC Inc. (PBNEC), a leading supplier of computers to home and corporate users. "High-quality customer service and innovative product offerings likeMCI WorldCom On-Net Services were the most important factors in our decision to extend our relationship another four years," said Don Liedtke, CIO of Packard Bell NEC. "There's a communications renaissance taking place at PBNEC and MCI WorldCom is driving the technology behind it." The first agreement, a four-year contract for voice and data, includes local services for all PBNEC domestic sites including Sacramento and Mountain View, Calif., Magna, Utah and Boxborough, Mass. In addition to local service, MCI WorldCom will provide PBNEC with audio/video conferencing, domestic frame relay and toll-free service for their call center in Magna, Utah. In a separate, three-year deal, MCI WorldCom will provide fully managed global frame relay services that will connect the European Data Center ofa PBNEC affiliate in Wijchen, Netherlands to sales offices and manufacturing sites of PBNEC affiliates in France, Italy, Belgium, Spain, South Africa, Malaysia, Germany, Norway and the United Kingdom at speeds ranging from 64Kto aT1. Twenty-four hour dedicated network management personnel will manage the more than 30 node network that touches more than three continents as wellas associated customer premise equipment to ensure maximum uptime. Additionally, MCI WorldCom, through UUNET, will provide remote access services to office workers and outside sales force for e-mail, the Internet and PBNEC's Intranet. "We are pleased to play such an integral role in Packard Bell NEC's communications growth," said Cindy K. Andreotti, senior vice president ofMCI WorldCom Global Accounts. "The international data network and MCI WorldCom On- Net Services will enable PBNEC to leverage cost-effective, state-of-the-art technologies and share business critical information with end users throughout theworld."