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To: Marian Bucci who wrote (4850)2/24/1998 9:28:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 10227
 
Dear M.
Which company would be easier to buy out. WCOM would have to go through the McCaws + MOT whereas at QCOM I don't think there is as concentrated a block of voting power. MOT might not want to give up what appears to be the only thing that has been good to them lately. Even Apple ready to put OS on Intel. I think price of NXTL would be too high for WCOM at the end of the day.
JF Dowd



To: Marian Bucci who wrote (4850)2/25/1998 9:06:00 AM
From: Ken Benes  Respond to of 10227
 
Marian:

It would be difficult for any company to institute a successful bid against nxtl at the present time. With Motorola and the McCaw family controling a large amount of the outstanding stock, the chances of success would be minimal. However, a hint of a takeover, would move this stock over 40 in a very short period time.
Longer term, I believe nxtl will be bought out for a very significant price. This should occur when the McCaw family decides to divest their interest in the stock, although, the synergy of nxtl, nextlink, and nextband indicates, the family may be looking for something bigger.

Ken



To: Marian Bucci who wrote (4850)2/25/1998 9:26:00 AM
From: Bubba  Read Replies (1) | Respond to of 10227
 
Marian - PW analyst hypo this last year. Makes sense. You are right in that WCOM is only missing wireless, esp national wireless.

Hostile deal almost impossible w/ McCaw & MOT owning almost 50% together.

My guess of "replacement value" is $75-$100 per share.

Bubba