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

To: JM who wrote (2828)	7/8/1998 12:48:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 11568

Would continue holding, held for 4 years already. I'm never good at timing the market. After this deal, WCOM/MCIC would make more acquisitions to grow. Let's just wait and see.

To: JM who wrote (2828)	7/8/1998 2:48:00 PM
From: Tom_	Respond to of 11568

Not a stupid question, JM, IMO. I sold a portion at 50, because of the 3-week run-up from 42 to 50. That was a 19% gain. Looked to me like a spike. We'll see. I'm wrong as much as I'm right. Either way I'll be back in as we go up long term. Good luck. Tom

To: JM who wrote (2828)	7/9/1998 1:49:00 AM
From: bede	Read Replies (1) \| Respond to of 11568

I sold Wednesday, anticipating some short-term shakes. Then, I'm back in. For your sakes, I hope I'm wrong.

To: JM who wrote (2828)	7/14/1998 3:51:00 PM
From: dougjn	Read Replies (1) \| Respond to of 11568

What people, even some Wcom holders, don't seem to appreciate is the awesome stategic position which Wcom/Mcic has assembled. Wcom is the ONLY long distance company with extensive local access. While that was true before it acquired Mci, it previously had an underfilled local network, and a come from behind, small guy image. Lots of its revenue was wholesale revenue derrived from resellers. It now as acquired the second best name in telecom, and a first class Fortune 500 sales force to go with it. And its buzz, in the business community, makes it probably a better name than AT&T there. Especially since this merger has taught everyone that Wcom is the Internet/data leader. And that's where the business decisions are likely being made. Wcom's local access assets are concentrated almost entirely on business customers. While residential long distance is largely profitable (Mci), local residential service is still significantly subsidized and often not profitable. Wcom doesn't have any, and isn't going to be building it either. What Wcom does have is a high capacity, underfilled, fiber based, business broadband local and long distance telephony network. And it now has the name, reputation and sales force to fill it. Partly from Mci, and partly from the recognition which the merger brough for what Wcom had already achieved. Beyond that, Wcom is the ONLY US telco with extensive local fiber in Europe. Zurich, London, Frankfurt, Geneva, etc. ANd Wcom is building in Japan, Singapore, elsewhere in Asia. Plus Wcom has by far the best internet backbone company. And now, instead of integration headaches w/Mci's net backbone, its getting a couple of $billion to expand that Uunet backbone with Cisco/Ciena's latest and greatest. Wcom is in a much stronger strategic position than AT&T, or any of the Rboc's. Or any foreign telecom company. At least wire based. Now beyond all this, what does Wcom need to do to make its numbers over the next year? Sustain sales to Asia? Doesn't have any, yet, worth mentioning. Nope. It needs to internally execute its merger integration plan. Something its has done countless times (well almost countless) throughout its history. A much surer bet than most places in the economy, I should think, looking out to softness in exports and cheap import competition through the first half of 99. Telecos are a traditional safe haven. Wcom is a hypergrowth telco, that doesn't need to do another acquisition to hyper grow for some while now. (But will anyway.) <gg> Is Wcom a hyper growth safe haven? Doug