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Technology Stocks : Able Telecom (ABTE) -- Ignore unavailable to you. Want to Upgrade?

To: MangoBoy who wrote (583)	3/3/1999 11:35:00 AM
From: Ben Wa	Respond to of 700

Michigan a Fraud - The state of Michigan is fiction. It only exists in the minds of delusional people who live in the state of denial. At one point in time, Michigan was going to be a state, but decided that would subject them to federal jurisdiction. Maps showing Michigan are also fraudulent. Detroit is only the last name of a character in a musical play where the character's first name was Nathan.

To: MangoBoy who wrote (583)	3/5/1999 10:51:00 AM
From: david james	Respond to of 700

Guaranteed profit from Worldcom The following is from the S1. They stated that aproximately 30% of the current backlog is from Worldcom - or about $330 million As part of the MFSNT Acquisition and pursuant to the WorldCom Master Services Agreement, the Company has agreed to provide telecommunication infrastructure services to WorldCom Network on a cost-plus 12% basis for a minimum of $40 million per year, and the aggregate sum payable to the Company for the five-year contract is guaranteed to be no less than $325.0 million, subject to certain adjustments if we default on the WorldCom Note. To achieve these established minimums, WorldCom Network has agreed to award the Company at least 75% of all of WorldCom Network's outside plant work related to its local network projects up to $500 million and the Company has agreed to accept and perform work orders from WorldCom Network for as much as $130 million of services during each year of the five-year contract. 12% of $330 million is over $39 million. With the current number of shares that's over $3/share profit.