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


To: Anthony Wong who wrote (3618)12/21/1998 6:26:00 PM
From: Neal davidson  Read Replies (1) | Respond to of 11568
 
Thanks...great news...

I saw something on CNBC this evening, but i had the volume turned down, so I am not sure what was said...I know that one of the reporters was talking about WCOM, Bernie Ebbers, and perhaps more buying by WCOM...did anyone out there see the segment? If so, please post synopsis. Thanks



To: Anthony Wong who wrote (3618)12/27/1998 4:04:00 AM
From: Satellite Mike  Respond to of 11568
 
Worldcom is flying on every cylinder with the
exception of WIRELESS. And they've expressed
a desire to be able to offer wireless to their
business customers. They might bid on Nextel,
Airtouch or even Vodafone, Anthony.

Mike



To: Anthony Wong who wrote (3618)12/28/1998 3:05:00 PM
From: Beltropolis Boy  Read Replies (1) | Respond to of 11568
 
>Lehman is WCOM's biggest bull, said WorldCom is "firing on all cylinders."

here's an excerpt from that lehman bro's report. note that it's dated last week and two disclosures apply.

-----

MCI WorldCom, Inc: Raise Price Target to $85. All Cylinders Firing. BUY
Author: Blake Bath 1(202)452-4732
Rating: 1
Rank (Old): 1-Buy
Rank (New): 1-Buy
Price : $69 5/16
52wk Range: $65-28
Price Target (Old): $75
Price Target (New): $85
Today's Date 12/21/98

Revenue (1999): $36 Bil.
Return On Equity (98): 5. %
Proj. 5yr EPS Grth: 25.0%
Shares Outstanding: 1900.0 Mil.
Dividend Yield: N/A
Mkt Capitalization: 120 Bil.
P/E 1998; 1999 : 78.3 X; 32.5 X
Current Book Value: $14.71/sh
Convertible: None
Debt-to-Capital: 35.9%
Disclosure(s): C, A

* We are raising our 1999 year-end price target to $85 per share, or 30 times our 2000 earnings per share estimate.

* Meetings last week with senior management instilled confidence that network and operating synergies are being achieved, and that salesforce productivity is improving.

* We believe that MCI WorldCom occupies a fairly unique territory as a mega-capitalization revenue, cash flow, and EPS growth story.

* We expect strong valuation improvement in 1999 as evidence of the merger synergies materializes.
* We believe both MCI WorldCom and AT&T (T - 73, 1 Buy) are exceptionally well-positioned to benefit from significant declines in their cost structures, and customer demands for broad product lines delivered on-net. We rate both a BUY.

BUSINESS DESCRIPTION: MCI WorldCom is the second largest long distance company in the US. It has assets in the key growth areas of telecom services including local, international, data/Internet and very strong management.

Disclosure Legend: A-Lehman Brothers Inc. managed or co-managed within the past three years a public offering of securities for this company. B-An employee of Lehman Brothers Inc. is a director of this company. C-Lehman Brothers Inc. makes a market in the securities of this company. G-The Lehman Brothers analyst who covers this company also has position in its securities.