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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (64969)12/21/2000 2:45:21 PM
From: Softechie  Read Replies (1) | Respond to of 122087
 
Last I heard the Intermedia deal is still on. ICIX is down due to heavy debts and short on cash for near-term operation. It could be a gamble play with high profits here. WCOM really need this deal for their longevity. WCOM is down due to T's negative outlook.



To: HandsOn who wrote (64969)12/22/2000 3:32:26 AM
From: peter michaelson  Respond to of 122087
 
HandsOn:

I agree that the market (whoever that is) is telling us the WCOM/ICIX merger is off or to be heavily renegotiated.

On the other hand, after reading the merger documents, I don't see any easy out for WCOM. If they walk, they get sued plain and simple.

I keep thinking I must be missing something here, but I have yet to identify what it is.

Peter


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