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


To: Mazman who wrote (3481)11/19/1998 6:27:00 PM
From: Anthony Wong  Respond to of 11568
 
Thanks, Mazman. Great article! If WCOM sets up a World.com to sell these silicon cockroaches, phones, long distance, T-shirts and what-have-you, then maybe the stock would double in one day. Today's move is not too shabby. The important thing is that the stock has broken out of it's trading range.



To: Mazman who wrote (3481)11/19/1998 8:12:00 PM
From: Anthony Wong  Respond to of 11568
 
Dow Jones: MCI WorldCom Up-3: Internet Move Seen As Local Opportunity
[a continuation of the article in the previous post]

Although there is nothing exclusive or new about digital subscriber line
service, MCI WorldCom's decision to offer it expands the company's
opportunities in the local telecommunications market and provides it an
opportunity to extend its formidable Internet assets to smaller customers, said
Robinson-Humphrey Co. analyst Jeff Sadler.

The DSL service will be available to customers from their Internet service
providers for $40 to $60 a month. Service for larger businesses with many
computers hooked to an in-house network will cost about $500 a month.
The announcement was made Wednesday at the Comdex computer-industry trade
show. At the show, Vice Chairman John Sidgmore discussed the new service and
his remarks served to remind investors of WorldCom's position in the Internet
market, analysts said.

"You have to remember who's the biggest player, who's making the money," said
Sadler.

But DSL service isn't unique to MCI WorldCom.

"It's a totally me-too product," said Dresdner Kleinwort Benson analyst Bruce
Roberts. He noted that Sprint Corp. (FON) is on the verge of rolling out a
broad-based new service called Integrated On-Demand Network, Or Ion, that also
will offer high-speed data service along with other features.

AT&T Corp. (T) is looking to crack the critical local phone and data market
in part through its planned $31.8 billion acquisition of Tele-Communications
Inc. (TCOMA, TCOMB), which will allow it to offer consumers combined local,
long-distance, Internet and cable service over cable lines and cable modems.
- Shawn Young; 201-938-5248 shawn.young@cor.dowjones.com
(END) DOW JONES NEWS 11-19-98
05:14 PM