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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (24728)	7/9/2002 9:09:41 AM
From: Joe Copia	Read Replies (1) \| Respond to of 25711

more thoughts on WCOME: Is it over for WCOME? They have a $400mil contract with the Pentagon that is in jeporady, amongst their other host of problems, but my gamble is on Monday the 15th when both MCITE and WCOME trade as one. The ratio is after market close on: "On July 12, 2002, each outstanding share of MCI group common stock will be converted into 1.3594 shares of WorldCom group common stock" So why the heck is MCITE trading at more than twice WCOME? One will have to come down or the other up. My bet is WCOME. :)