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To: MrGreenJeans who wrote (4269)4/28/1999 9:02:00 AM
From: Steve Lamont  Read Replies (1) | Respond to of 11568
 
From the fool... says drop was due to increase ic CAI purchase.

QUICK CUTS: Online services giant America Online (NYSE:AOL - news) fell $7 to $155 in today's session. After the market's close, the company reported fiscal Q3 EPS of $0.11, $0.02 above estimates and beating last year's $0.04 mark... Telecommunications giant MCI WorldCom (Nasdaq:WCOM - news) lost $5 9/16 to $87 5/8 following reports that it will boost its offer for wireless cable TV company CAI Wireless Corp. (OTC:CWSS - news) to $28 per share, matching an unsolicited bid... Canadian network technology company Nortel Networks (NYSE:NT - news) , which announced Q1 EPS of $0.33 -- flat with the Street's mean estimate -- was down $2 3/16 to $72 1/4. CEO John Roth is confident "that we will achieve our 1999 revenue and earnings growth targets."