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

To: JDN who wrote (5223)10/6/1999 3:03:00 PM
From: Stephen  Read Replies (1) | Respond to of 11568
 
JDN, the nice thing about owning FON is that there is considerable room for WCOM to depreciate in price whilst FON's underpinning buyout price remains intact. WCOM can drop over 10% from here and the buyout is still worth $76 to FON shareholders.

In essence ... if the market falls ... FON holders stand a great chance of realising $76 dollars .. if the market rallies and WCOM stockprice goes up ... FON shareholders could end up with a dollar value of WCOM shares above the $76 mark.

Today maybe the start of some arbitrage moves. Watching the action on FON, the moneyflow & buys are very strong.

Stephen



To: JDN who wrote (5223)10/6/1999 3:03:00 PM
From: Sonki  Read Replies (1) | Respond to of 11568
 
JDN, i agree w. u. intesting if gblx(+2)buys fon(+5) internet assetts. anyway, i m bz covr calling & selling today. my aol disappointed me for not going to 119.x, i had predicted to my self aol would goto 119.x and naz to goto 50.

Maybe naz will tank again soon and we can scooop up some more darlings
of the street.

dont go away aft mrkt close. i want u to down load icq


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