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To: E.J. Neitz Jr who wrote (39776)	5/21/2002 6:38:47 PM
From: Susan Saline	Read Replies (2) \| Respond to of 53068

so the dividend they promised shareholders vanishes into thin air?

To: E.J. Neitz Jr who wrote (39776)	5/21/2002 6:48:57 PM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 53068

The battered telecom player expects to save $284 million annually from the move by not having to pay dividends on MCI's stock. MCI holders of record will still be paid their 60 cent-a-share dividend due on July 15. According to a statement, each outstanding MCI share will be converted into 1.3594 shares of WorldCom on July 12, which amounts to a necessary 10 percent premium dictated by original terms of the tracking stock plan. so if you already own some MCIT keep it? going to get paid the divie on 7/15. you were right now Ed.