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To: David Klein who wrote (4295)4/29/1999 3:29:00 PM
From: limtex  Respond to of 11568
 
DK -

Oh Oh. Watch out below. The market is saying please don't buy NXTL. Bernie appears to want to ignore what the market is telling him. That's his prerogative...but if he insists on excercising it on an acquisition that the market says is massively overpirced then .......watch out below $50 here we come. Well perhaps not 'we' becuase many will have left the ship if the Captain wants to go somewhere the passengers don't like.

Regards,

L



To: David Klein who wrote (4295)4/29/1999 3:57:00 PM
From: Tom_  Respond to of 11568
 
Uh-Oh.

Thanks for the post, David! IMO it is an extremely important pointer.

But he did offer several unsolicited comments.

"We will definitely look at opportunities that will make the company stronger over the long term," Ebbers said. "Shareholders should not be uncomfortable with that attitude."
...
"We would not enter into a transaction that we did not feel was in the best interests of the company over a long period of time."


IMO Ebbers, like any good politician, is preparing his constituency for action before actually taking the step. Unsolicited. In other words, he went out of his way to make his point. Twice.

IMO, he is well aware of the market's reaction to the NXTL rumor and is saying yes, folks, short-term it's going to hurt, but, folks, FOLKS, look ahead.

So. It looks like a big buy opp may be coming up, I agree once again with limtex. The head of the company has now told us so.

Best wishes,
Tom (long WCOM: longer if NXTL happens)




To: David Klein who wrote (4295)4/29/1999 4:12:00 PM
From: Ahmad Sinno  Read Replies (1) | Respond to of 11568
 
David,

When WCOM bought CompuServe, they kept the networks division and "traded" the online division for AOL's network division and then signed up AOL for a 10 year (If memory servies me right) contract.

My question to anybody who knows NXTL really well, are there any parts of the NXTL that can be sold off to another co ?

Ahmad