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To: Teddy who wrote (3607)	12/19/1998 9:03:00 AM
From: Teddy	Respond to of 11568

Snip from this week's Barron's, interview with Spiros Segalas of the Harbor Capital Appreciation fund, with about $3.6 billion under management interactive.wsj.com December 21, 1998 It Sure Beats the Coffee Houses A techie with a conservative streak By Barry Henderson ...So, what does he like now? MCI WorldCom, for one -- his largest position and he sounds like he's buying more. The way Segalas figures it, the newly combined company can produce revenue growth of 18% or better during the next several years. That growth, he says, combined with the company's cost-cutting campaign, could produce some eye-popping earnings: $1 per share this year, $2 next, and $3 in 2000. Is this kind of growth really attainable? Segalas insists it is. "When you talk with the people who are really running things, you get the sense that they really know what they're doing," he says. At its current price of $69 5/16, MCI WorldCom is trading at 35 times next year's earnings. If the company can achieve the kind of bottom-line growth Segalas expects, the stock would hit a sizzling $100 during the next 18 months...