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


To: JakeStraw who wrote (503)9/19/2000 8:44:43 PM
From: samoyed  Respond to of 609
 
Humor for the blues (red on my screen)
Banc of America analyst Andrew Hamerling couldn't have been more embarrassed. When Hamerling introduced James Crowe, Level 3's (LVLT:Nasdaq - news) president and CEO, he launched into his gush about Crowe by referring to him as the head of archrival Qwest Communications (Q:NYSE - news). Hamerling, realizing his gaff, stammered and flushed deep crimson and corrected himself.

For a little background, Hamerling has been an unshakeable bull on Level 3, routinely touting it over competitors such as Qwest and Williams Communications (WCG:NYSE - news). (His firm has no banking ties to Level 3.) So for Hamerling to flub his biggest intro of the weeklong conference, it was rather, well, shocking. The crowd of 250 money managers let out a collective "oops." (No, not like Britney Spears.)

Moments later Crowe got behind the podium and without a smile thanked Hamerling and added, "I'd also like to thank our host today, Goldman Sachs." A loud sustained laugh went up from the crowd as Hamerling hunched down in his chair. Crowe never smiled and he didn't correct the statement. Perhaps Banc of America will continue to have no banking ties to Level 3.

thestreet.com



To: JakeStraw who wrote (503)9/21/2000 12:45:49 PM
From: samoyed  Respond to of 609
 
Williams Communications Reiterated 'Strong Buy' at Prudential
9/21/00 6:13:00 AM
Source: Bloomberg News

Princeton, New Jersey, Sept. 21 (Bloomberg Data) -- Williams Communications Grp (WCG US) was reiterated ''strong buy'' by analyst Floyd Greenwood at Prudential Securities. The 12-month target price is $70.00 per share.

Nice # of blocks early on this AM and Thomson IWatch showing strong buy side interest, so in light of my previous post I got sucked in at $19.75....just couldn't resist. §