SI
SI
discoversearch

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 : Williams Communications Group - WCG -- Ignore unavailable to you. Want to Upgrade?


To: Scott Moore who wrote (484)7/14/2000 12:16:29 AM
From: Bernard Levy  Respond to of 609
 
Today's WSJ had an interesting article entitled ``Williams
is kingmaker among telecom startups,'' pointing out that
in exchange for placing orders with new optical startups,
Wuiliams often receives stock far below the IPO price.
For example, in exchange for placing a $30M order with
ONIS, William received stock with a current value
of $183M for a stock investment worth only $10M. Similarly,
after placing a $25M order with Cerent, it received stock
(now CSCO stock) currently worth $51M.

The other companies with which WMB struck similar deals are
Sycamore, Sonus, Accelerated Networks and Corvis.



To: Scott Moore who wrote (484)7/14/2000 7:51:26 AM
From: samoyed  Respond to of 609
 
FYI, recent broker actions for WCG:
7/13/00 CSFB Williams Communications Reiterated 'Buy' at CSFB Bloomberg
6/29/00 Wasserstein Perella Williams Comm Gp Reiterated 'Buy' at Wasserstein Perella Bloomberg
6/28/00 Banc of America Williams Communications Reiterated 'Buy' at Banc of America Bloomberg
6/28/00 Dresdner Kleinwort Benson Williams Communic Reiterated 'Buy' at Dresdner Kleinwort Benson Bloomberg
6/28/00 Prudential Williams Communic. Reiterated 'Strong Buy' at Prudential Bloomberg
6/27/00 CSFB Williams Communications Reiterated 'Buy' at CSFB Bloomberg
6/27/00 Banc of America Williams Comm Grp. Reiterated 'Buy' at Banc of America Bloomberg
6/14/00 Wasserstein Perella Williams Comms initiated at Wasserstein Perella with a Buy Briefing.com
6/14/00 Wasserstein Perella Williams Communications Rated New 'Buy' at Wasserstein Perella Bloomberg
6/8/00 Prudential Williams Communications Reiterated 'Strong Buy' at Prudential Bloomberg
6/1/00 ABN Amro Williams Communications Rated New 'Outperform' at ABN Amro Bloomberg
6/1/00 ABN AMRO Williams Comms initiated at ABN AMRO with an Outperform Briefing.com