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

To: Ernie Kelley who wrote (2556)	6/10/1998 6:17:00 AM
From: idefer	Respond to of 11568

wcom will owe mci 0ne Point Six BILLION us dollars. thats about $1.60 per share. having price earnings ratio now shown as "nil", it will drop stock like a shot bull. however, should that unhappy event occur, I would certainly use the opportunity to buy more.

To: Ernie Kelley who wrote (2556)	6/10/1998 6:39:00 AM
From: limtex	Read Replies (2) \| Respond to of 11568

Ernie - I haven't done an undo valuation. I have just assumed that the cost would be so great that WCOM will cave in to the Mr Van Miert which is what I guess is Mr Van Mierts gambit. I mean people can hardly moan if WCOM makes a concession to Mr Van Miert so the cost of a blown deal would be so huge on WCOM that I just assume they will do whatever necessary. See the next post says that the stock will drop like a shot bull but that the poster will go out and buy more stock when it does. Well presumably he won't be too unhappy if the deal goes ahead without all the benefit but with what will undoubtedly be decribed as most benefit. L