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

To: rachel who wrote (4300)	4/29/1999 8:06:00 PM
From: limtex	Read Replies (1) \| Respond to of 11568

rachel - Boy oh boy the NXTL shareholders must be happy. Looks very much like they've convinced someone to come along and buy them out for $10bn or so ....It's Christmas come early for NXTL and I would feel very happy for their succcess except that unfortunately it looks as though its good old WCOM that is going to pay.....Yuck I feel sick. Bernie the market really doesn't like this. You aren't being fair to your shareholders to go off and have a cosy little huddle with a bunch of analysts who were so impressed with what you had to say that they promptly knocked a few $bn about 6.5% off the value of the company on a day when it should by all accounts have ended up pretty near $100. Bernie it's your shareholders that have supported you and not the analysts. Tell NXTL that WCOM isn't going to pay. Who else is going to buy NXTL? When you don't buy it the price will inevitably drop. You've got all that MMDS stuff and CAWS and other fixed wireless to concentrate on. The mobile wireless business is too competitive leave it alone and let the stock recover. Drop NXTL. Its a bad deal. You've got plenty to get on with and the market will love you and respect you for having the common sense not to pay this insane price for NXTL. REgards, L