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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: RCJIII who wrote (8818)	5/16/1999 9:18:00 AM
From: Stock Watcher	Read Replies (1) \| Respond to of 52051

RC; on MCOM & INXTA; both look poised for an upward move; INXTA will be on the INDEX soon....sw

To: RCJIII who wrote (8818)	5/16/1999 6:19:00 PM
From: Intl_Guy	Respond to of 52051

Maybe something will happen Tues. ATT stuff cut out Sunday May 16, 4:33 pm Eastern Time AT&T, MCI WorldCom meetings will mark progress By Jessica Hall NEW YORK, May 16 (Reuters) - AT&T Corp. and MCI WorldCom Inc. this week will host their annual shareholder meetings as stronger companies than they were a year ago but both face big challenges to propel their surging stocks even higher, analysts said. Meanwhile, MCI WorldCom (Nasdaq:WCOM <http://quote.yahoo.com/q?s=wcom&d=t> - news </n/w/wcom.html>) completed the merger of WorldCom Inc. and MCI Communications Corp. to create the No. 2 U.S. long distance company and strengthened its hold on the fastest growing segments of the telecommunications industry: international, data and Internet services. Not bad for a year's work. But even more hard work lies ahead of them, analysts said. ''MCI needs a wireless component. They have a very strong story to tell except for wireless -- it's their biggest weakness and it could hurt them in the future. You're going to see business customers choosing their service providers on entire packages of services and wireless is an important part of that package,'' Kagan said. MCI WorldCom lacks a wireless business at a time when an increasing amount of phone calls are being made on wireless phones instead of traditional phones. The wireless industry has seen a boom in customers, with U.S. wireless subscribers growing more than 25 percent in 1998 to 69.2 million, according to the Cellular Telecommunications Industry Association. MCI WorldCom this year has walked away from two opportunities to buy wireless companies -- AirTouch Communications Inc. (NYSE:ATI <http://quote.yahoo.com/q?s=ati&d=t> - news </n/a/ati.html>) and Nextel Communications Inc. (Nasdaq:NXTL <http://quote.yahoo.com/q?s=nxtl&d=t> - news </n/n/nxtl.html>), but analysts said the company must have some kind of wireless service in the future. MCI WorldCom, which will hold its annual meeting on Thursday in Clinton, Miss., also needs to clarify its consumer strategy. The company has focused primarily on high-spending business customers and has become less aggressive in targeting consumers. MCI WorldCom cannot afford to ignore consumers at a time when many customers are adding more communications services -- such as high-speed Internet access and electronic commerce -- in their homes, analysts said.