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

To: Speed Racer who wrote (3280)	9/3/1998 8:23:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 11568

WorldCom Inc. (WCOM) rose as much as 1 3/4 to 47 1/2 as Lehman Brothers Inc. analyst Blake Bath reiterated a ''buy'' rating on the global telecommunications service provider, and said he could see the stock reaching 75 in a year. Bath said the prospects for the combined WorldCom and MCI Communications Inc. (MCIC) remain solid and robust, with the merger about to close. After the takeover of MCI is complete, the combined company will reap substantial cost savings, and the combined company is likely to embark on a product and marketing blitz that should highlight the company's new services, which in turn should boost sales. MCI rose as much as 2 1/8 to 58 1/2. (From today's Bloomberg U.S. Equity Movers)