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To: slacker711 who wrote (348)10/18/2000 7:47:27 AM
From: Cooters  Respond to of 1691
 
Slacker, Of the many potential conflicts of interest created by a tracking stock, that is the one I'm least worried about. In essence, a tracking stock is indeed a license to screw shareholders. I knew it from the beginning, but it was a better alternative than buying FON to get PCS, so I made the devil's deal.

The FON/PCS structure screwed us out of a takeover, and not just the one with WCOM.

Cooters