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

To: Anthony Wong who wrote (3091)	7/30/1998 5:53:00 PM
From: Jake0302	Read Replies (1) \| Respond to of 11568

WCOM earnings suprise, Successful buy of Brazilian telecom infrastructure, MCIC earnings suprise... if the market downdraft abates, does anyone here see a reason that WCOM will not move up to 60 in Aug, especially with merger approval pending??

To: Anthony Wong who wrote (3091)	7/30/1998 9:22:00 PM
From: Teddy	Read Replies (1) \| Respond to of 11568

Here's a good one: praise MCI WorldCom while politely bashing AT&T (BTW: thanks Anthony, AVANT and others for making this the most informative thread on SI) from The Wall Street Urinal Interactive wsj.com Dow Jones Newswires -- July 30, 1998 Schroder Analyst: MCI, WorldCom Merger Would Be Potent Mix NEW YORK (Dow Jones)--The planned merger of MCI Communications Corp. (MCIC) and WorldCom Inc. (WCOM) is likely to yield a powerful combination, according to Schroder & Co. telecommunications analyst Philip Sirlin. Sirlin told CNBC Thursday that he sees the merger packaging MCI's customer base with WorldCom's aggressiveness and local access for large customers. "You put that all together, we might really finally see some real competition for the local service business of large customers," he said. MCI expects to close its merger with WorldCom in the third quarter. The merger is awaiting approval from the Federal Communications Commission and three U.S. states. On another telecom front, Sirlin called the planned joint venture between AT&T Corp. (T) and British Telecommunications PLC (BTY) "significant," saying he feels the two companies are positioning themselves for complete access to each other's networks and the ability to better structure international offerings. AT&T and British Telecommunicatons unveiled plans for a global joint venture to provide international voice and data services to multinational corporations and to serve as a wholesaler to other telecommunications companies. However, Sirlin does not recommend AT&T stock, citing expected near-term competition in long-distance business and the expenses involved in entering cable and other new businesses. "I think we're going to have relatively unattractive earnings over the next one, two or three years," from AT&T, Sirlin said.