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

To: Karl Radke who wrote (4325)	4/30/1999 4:24:00 AM
From: JM	Read Replies (2) \| Respond to of 11568

Psychologically, you may have a point. But, fundamentally the deal will be dilutive to earnings growth. The market has already priced huge growth into the stock (PE~400). IMO too much uncertainty about how wcom will turn nxtl around would counterbalance your theory. BTW, Ebbers may be calling the shots, but surely the mci execs are in a position to have his ear long enough to convince him to take a serious look at nxtl. This is an "mci-like" move more than an Ebbers move (dilutive, fraught with uncertainty, devoid of shareholder value,buying questionable technology...) isn't it? I have faith in Ebbers,Sidgemore & Co., but not MCI execs or their ideas.