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Technology Stocks : GX Investors Thread -- Ignore unavailable to you. Want to Upgrade?


To: Theophile who wrote (105)8/23/2001 3:31:55 PM
From: DukeCrow  Read Replies (2) | Respond to of 586
 
WCOM has already issued the MCIT tracker which reflects the voice business. They also dumped a bunch of debt onto the tracker's side of the business.

The company is still the same, but now WCOM stock only represents the data business.

Interesting that the MCIT tracker is paying a ~17.5% dividend. However, many are questioning the ability of MCIT to maintain that dividend more than a few quarters due to declining voice revenues.

I have no idea if WCOM is planning on permanently spinning-off the voice business into a separate unit, though.



To: Theophile who wrote (105)8/23/2001 10:01:55 PM
From: CF Rebel  Read Replies (1) | Respond to of 586
 
Martin,

Everyone seems to think that a buyout of GX, were it to come to that, would come from within telecom. I think that another possibility would be IBM or EDS as potential suitors. The GX network would complement their IT offerings very well and a GX acquisition would be seen as quite astute. I much prefer GX remaining independent and getting revenues from those two and their kind.

CF Rebel