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

To: taylorfife who wrote (2457)	5/16/1998 8:04:00 AM
From: Robert Scott	Read Replies (1) \| Respond to of 11568

Positive comments in this week's Barrons. All 3 analysts recomended it. Here's a taste: "WorldCom is my favorite stock anywhere. If I had to pick one telecom to own, all things considered, liquidity, importance in indexes, strategic position, this would be the one."

To: taylorfife who wrote (2457)	5/17/1998 11:49:00 AM
From: Anthony Wong	Read Replies (1) \| Respond to of 11568

The Barrons interview is very bullish on WCOM, as all three analysts interviewed recommended it. The following is a Bloomberg report on Grubman's view, whose target of $100 in 2 years is nothing new. The stock should do well on Tuesday. WorldCom, Others Liked by Salomon's Grubman, Barron's Reports Bloomberg News May 16, 1998, 3:56 p.m. PT New York, May 16 (Bloomberg) -- WorldCom Inc. is the only major telecommunications company to offer a full range of services, and if it completes its purchase of MCI Communications Corp., will boost revenue by as much as 20 percent a year, said Salomon Smith Barney managing director Jack Grubman, Barron's reported in its ''International Telecom Forum.'' Grubman, who heads Salomon Smith Barney's global telecommunications team, also likes Century Telephone Enterprise Inc., which runs rural telephone companies and is now the 10th largest local phone company in the U.S. Among his other picks are Telefonica de Espana SA, Portugal Telecom SA, Telecom Italia SpA, Hellenic Telecommunications Organization SA, Colt Telecom Plc, Nippon Telegraph & Telephone Corp. and Telstra Corp., the paper said. Grubman said he would stay away from owning shares in AT&T Corp. because it's generating profit growth from cost cuts, not revenue growth; he also doesn't favor British Telecommunications Plc, Singapore Telecommunications Ltd. and Tele Danmark AS. (Barron's 5/18 35 www.barrons.com)