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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (3325)	12/18/1998 11:54:00 AM
From: Glenn	Respond to of 90042

I'm going to hold cyoe and xyln over the weekend. Smiles. Next week I get serious and do nothing but this. Work is distracting. Smiles, Glenn

To: Tim Luke who wrote (3325)	12/18/1998 11:59:00 AM
From: Glenn	Respond to of 90042

Sprint wins part of $5 bln U.S. contract WASHINGTON, Dec 18 (Reuters) - Sprint Corp. <FON.N> won the first of two spots on an estimated $5 billion contract to provide long-distance service to U.S. government agencies over eight years, the General Services Administration said on Friday. The second place on the contract, which Kansas City, Mo.-based Sprint is still eligible for, will be awarded in January, the GSA said. MORE Rtr 11:37 12-18-98 The company keeps getting stronger and stronger. Nice long term buy. Glenn

To: Tim Luke who wrote (3325)	12/18/1998 12:04:00 PM
From: Glenn	Respond to of 90042

Alltel agrees to buy Aliant for $1.5 billion (adds details, stock prices; changes dateline, pvs LITTLE ROCK, Ark.) NEW YORK, Dec 18 (Reuters) - Rural telephone company Alltel Corp. <AT.N> said on Friday it would buy Aliant Communications Inc. <ALNT.O>, which provides phone, paging and Internet services in Nebraska, for $1.5 billion in stock. The combined company would have $5.3 billion in annual revenues and serve 6.3 million customers in 24 states. The deal is expected to boost Alltel's earnings. Under terms of the agreement, each share of Aliant will be exchanged for $39.13 worth of Alltel stock, a 26.7 percent premium over Aliant's closing stock price on Thursday. Shares of Aliant jumped nearly 16 percent or $5.06 to $35.75 on Nasdaq. Shares of Alltel fell $1.56 to $55.44 on the New York Stock Exchange.