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


To: Anthony Wong who wrote (3834)1/25/1999 8:56:00 PM
From: S. HYDER  Read Replies (1) | Respond to of 11568
 
This Supreme Court ruling is all over the news, radio and TV, local and network. Todays stock action may imply that Wallstreet expects significant added revenues for WCOM. But the volume was not impressive.



To: Anthony Wong who wrote (3834)1/27/1999 12:08:00 AM
From: S. HYDER  Read Replies (1) | Respond to of 11568
 
Some analyst from Kaufman Brothers downgraded WCOM today. Can you believe it?



To: Anthony Wong who wrote (3834)1/27/1999 6:35:00 PM
From: Mazman  Respond to of 11568
 
MCI WorldCom Finds Local Rhythm

Interactive Week
January 27, 1999 3:31 PM ET
By Carol Wilson

zdnet.com

MCI WorldCom stole the march on its archrival
AT&T yesterday, announcing a new alliance with
competitive carrier Rhythms NetConnections only
hours before AT&T was to announce its
integrated service plan. By hooking up with
Rhythms, one of a handful of competitive local
exchange carriers that is building out networks
using Digital Subscriber Line technology, MCI
immediately expanded its reach into small to
midsized businesses in the cities Rhythms
serves, including the Chicago, Los Angeles, San
Diego and San Francisco Bay areas.


MCI WorldCom will invest $30 million to acquire a
minority stake in Rhythms, and the two
companies will do joint development work as well,
focusing on combining Digital Subscriber
Line-based data access with voice services -
either packet-based voice or circuit switched
voice - onto a single copper phone line, said Jim
DeMerlis, vice president of data and enterprise
services for MCI WorldCom.

But the real advantage of the link is the access it
will give MCI to small to midsized business
customers who can't cost-effectively be reached
by the fiber-optic ring networks built by MFS
Communications, now part of MCI WorldCom.

Like Sprint and AT&T, MCI has said it will use any
means to reach such customers but would like to
avoid reselling incumbent phone lines.

As a data CLEC, Rhythms has negotiated
interconnection deals with the telcos and is
already reselling xDSL service over leased
copper lines. Teaming with MCI gives Rhythms
more metropolitan and long-distance network
muscle.

The joint services, to include various forms of
xDSL, from Symmetric service at speeds from
128 kilobits per second up to Asymmetric DSL at
download speeds as high as 7 megabits per
second, will be offered beginning in the second
quarter of this year. "We expect to be able to
reach 70 percent of U.S. businesses by the year
2000,"
said DeMerlis, based on Rhythms'
connections and existing deals between UUnet
Technologies, MCI's Internet service provider unit
and other carriers.



To: Anthony Wong who wrote (3834)2/1/1999 8:25:00 AM
From: Anthony Wong  Read Replies (1) | Respond to of 11568
 
MCI WorldCom to Dismiss 365 Additional Employees, Paper Says

Bloomberg News
January 30, 1999, 11:01 a.m. ET

Washington, Jan. 30 (Bloomberg) -- MCI WorldCom Inc. said it
will dismiss 365 employees on top of the 2,000 job cuts the No. 2
U.S. long distance phone company announced in December, the
Washington Times reported. The cuts are part of an effort to
eliminate duplicate functions after WorldCom's $47 billion
acquisition of MCI last September. Employees laid off yesterday
worked mostly in information-technology and technician positions,
the Times said.

The job cuts announced in December primarily included
employees in network operations and information technology
positions.

(Washington Times 1/30 A13 www.washtimes.com)