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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: DEER HUNTER who wrote (11109)7/2/2002 9:12:13 PM
From: Frank A. Coluccio  Read Replies (1) | Respond to of 11568
 
"IDT Corp. Makes Offer for Two Units of WorldCom"

These guys never cease to amaze, considering that they got their start as an international callback play back in the late eighties in a small converted funeral parlor in the Bronx.

contextmag.com



To: DEER HUNTER who wrote (11109)7/2/2002 9:55:37 PM
From: tejek  Respond to of 11568
 
What's the chances WCOM will rally tomorrow? I think it may be setting up to do that. In addition, the Naz futures are still up for tomorrow.

ted



To: DEER HUNTER who wrote (11109)7/2/2002 9:59:53 PM
From: Lizzie Tudor  Read Replies (3) | Respond to of 11568
 
This does or does not include UUnet?
IDT said it had offered to buy WorldCom's MFS Network and Brooks Fiber units, which provide local phone services to businesses, and the MCI consumer and small-business long-distance operations.

Where would this leave wcom's creditors?
L



To: DEER HUNTER who wrote (11109)7/3/2002 4:22:43 PM
From: George the Greek  Read Replies (1) | Respond to of 11568
 
> IDT has [proposed] to acquire WorldCom's MFS and
> Brooks Fiber units and its MCI consumer and small business > long distance units for ... $5-billion

A joke, a low-ball price by another telecom cowboy.
I hope this offer goes nowhere.

George