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

To: dougjn who wrote (2368)	4/14/1998 7:40:00 PM
From: JB	Read Replies (2) \| Respond to of 11568

Look at WCOM's past stock splits. 7/17/90 3 for 2 stock was 26.625 6/25/91 3 for 2 stock was 29.75 1/14/92 3 for 2 stock was 45.5 1/6/94 2 for 1 stock was 52 7/3/96 2 for 1 stock was 54.625 WCOM has a huge incentive to keep the stock above 41 (upside collar) because this saves substantially on the price it pays for MCI. They have an upcoming Board Meeting 5/21/98, it's my guess they will split 2 for 1 after this meeting. Many people feel a split would limit downside risk, although this makes no sense numerically, it's commonly believed. Just a note , without the splits the stock would be trading 605.81 currently.