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

To: MGV who wrote (6368)	4/6/2000 9:28:00 PM
From: KevRupert	Respond to of 11568

I'll need to review the "wcom" payout terms again. I know there is a collar. I'll have to take a look at whether exchanging my "wcom" for "fon" makes sense at this point. (I think it's about $41.375 where the collar kicks in.) Anybody have an opinion if its a good deal exchanging the shares right now, assuming 2 scenarios: 1) "wcom" goes below $41; and 2) "wcom" stays above $41? I could go take a look, but I'm busy doing my taxes, and I'm not sure where I put the payout terms. I know it's in the Value Line. If anyone knows, I greatly appreciate the info. Otherwise, it will create an incentive for me to get up from the computer and do something else besides input sales/purchases for the 1999 tax return. :) advalorem

To: MGV who wrote (6368)	4/9/2000 1:33:00 AM
From: Jacob Snyder	Read Replies (1) \| Respond to of 11568

MCI Worldcom Exec: Wireless Sys Key To Sprint Merger By PETER LOFTUS Dow Jones Newswires -- April 6, 2000 LOS ANGELES -- The spread of data transmission over wireless networks is the main reason MCI Worldcom Corp. (WCOM) decided to acquire Sprint Corp. (FON), a top MCI Worldcom executive said Thursday. John Sidgmore, MCI Worldcom's vice chairman and chairman of the telecommunications company's UUNet unit, said the company likes Sprint's extensive wireless unit because it will be able to handle an "explosion" in data traffic over the next few years. "We bought this because we wanted Sprint's PCS wireless business," Sidgmore said in a keynote speech at the Internet World conference here. "It wasn't so we could sell voice service, although we'll certainly do that. The real reason is because we believe that wireless data will be the next big explosion." Sidgmore cited a recent Morgan Stanley Dean Witter research report, which predicted data transmissions would account for about 45% of all wireless traffic by 2003, up from less than 2% today. Currently, most wireless traffic consists of voice calls on cell phones. MCI Worldcom agreed last October to acquire Sprint and its PCS Group (PCS) unit for $115 billion in stock, setting the stage for one of the biggest corporate takeovers in history. The deal is undergoing intense regulatory scrutiny in the U.S. and Europe, but the companies expect it to close in the second half of the year. In a humorous nod to the regulatory scrutiny of the Sprint acquisition, Sidgmore said he's a big fan of Microsoft Corp. (MSFT) because "if it weren't for Microsoft, we'd be the most hated company at the Department of Justice." The growth of a wireless Internet will be fueled by the development of products that make life easier, Sidgmore said. As an example, he sees a day when a traveler driving to the airport could be notified by a wireless device in his car that his flight has been delayed. What's more, the driver can bark out schedule changes and other requests to a voice-activated Web browser, which will take care of new arrangements on its own before responding in a computerized voice with a new itinerary. Sidgmore expects voice-activated Internet services to become widespread because there are still large groups of the population that haven't touched the Internet. These people shy away from computers but would be more likely to use the Internet if they could do so by talking into a handheld device. "People naturally interact with voice technology," Sidgmore said. -By Peter Loftus, Dow Jones Newswires; 201-938-5099