Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: larry pollock who wrote (15238)	12/1/1999 12:50:00 PM
From: thebeach	Read Replies (3) \| Respond to of 18016

This stock is behaving like a company about to come under some news,very quiet.

To: larry pollock who wrote (15238)	12/1/1999 3:28:00 PM
From: Tunica Albuginea	Respond to of 18016

Thanx Larry. Tune in right now on CNBC:" Worldcom's Bad Day" David Faber reporting: WCOM dropping like a lead balloon this AM. ( I hope for their sake Larry that wireless does the trick for them. On a more sinister note, may be they should call Gaico Insurance: translation: dump LU+ASND and buy real ATM switches: NN ; Chicago's memory will die hard ). TA. dailynews.yahoo.com Wednesday December 1 2:41 PM ET MCI Worldcom Stock Off on Growth Rumors NEW YORK (Reuters) - Shares of long-distance telephone company MCI WorldCom Inc. (NasdaqNM:WCOM - news) fell more than 4 percent on Wednesday amid market rumors that its revenue growth may be slower than expected, analysts said. MCI WorldCom, which is set to acquire smaller rival Sprint Corp. (NYSE:FON - news) for $115 billion, lost 3-13/16 to 78-7/8 in heavy trading on Nasdaq, adding to loses seen on Tuesday. The stock was well below its 52-week high, set in June, of 96-3/4. Shares of Sprint fell 2-1/16 to 67-5/16 on the New York Stock Exchange. ``There's a rumor out there that WorldCom is going to lower its top line growth numbers to about 14 percent from 16 percent,' said one analyst who declined to be named. A spokesman for MCI WorldCom, which has been one of the darlings of Wall Street's bull market, declined to comment. Another analyst said the rumor stemmed from a report by cable television network CNBC, which said brokerage firm Lehman Brothers lowered its revenue growth forecast for the Clinton, Miss.-based company. Lehman representatives did not immediately return calls seeking comment. There was also a block of nearly 1.2 million shares of MCI WorldCom's stock crossed by ITG. Additional details on the block trade were not immediately available.