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

To: dougjn who wrote (2878)	7/14/1998 2:46:00 PM
From: halfscot	Read Replies (1) \| Respond to of 11568

dougjn: I like your ideas and concepts re: WCOM. What concerns me are the # of outstanding shares after the merger is completed. How do you think this will affect price movement of the stock? There's a whole lot of mass there to move around price-wise. What is the possibility of a stock buy-back anytime soon? halfscot PS With the sale of MCI's internet business Bernie would have enough cash to buy WCII with plenty of change left over.

To: dougjn who wrote (2878)	7/14/1998 2:47:00 PM
From: Sonki	Respond to of 11568

RESEARCH ALERT - Lehman reiterates WorldCom buy NEW YORK, July 14 (Reuters) - Lehman Brothers said Tuesday it reiterated its buy rating on WorldCom Inc. (WCOM - news), saying it expects regulatory approvals, asset sales and strong earnings performance to propel its shares in coming months. -- Lehman also reiterated its buy rating on MCI Communications Corp. (MCIC - news). -- MCI is reported to be selling its Internet assets to Cable and Wireless Plc (quote from Yahoo! UK & Ireland: CW.L) for $1.5 billion to $2.0 billion to gain approval for its merger with WorldCom. -- WorldCom stock was up 15/16 at 51-15/16 and earlier hit a new high of 52-1/2.