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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (46582)	5/27/1999 6:02:00 PM
From: Nicholas Rauch	Respond to of 90042

Thanks Tim, Nice job. You are appreciated very much. Nick

To: Tim Luke who wrote (46582)	5/27/1999 6:24:00 PM
From: rjee	Respond to of 90042

jaco finished very weak today. Whats your opinion Tim??

To: Tim Luke who wrote (46582)	5/27/1999 8:10:00 PM
From: Dolfan	Respond to of 90042

I was driving around in Miami today and wouldn't you know it 95% of all the Billboards were Outdoor Systems. Never took notice until Tim brought it up. CS hmmmmmmmmm. Looks like a good entry tomorrow. I may have to trade out of COMS also. I think CS will go before COMS. Mark

To: Tim Luke who wrote (46582)	5/27/1999 8:13:00 PM
From: Tim Luke	Respond to of 90042

Deutsche Telekom looks for acquisitions By Bloomberg News Special to CNET News.com May 27, 1999, 4:30 p.m. PT Deutsche Telekom said it will pursue acquisitions in mobile phones, Internet services, and other fast-growing areas as it seeks to kick-start international expansion after its failed bid for Telecom Italia. Olivetti's victory in the battle for control of its larger Italian rival last week marked a setback for Deutsche Telekom's bid to create a pan-European phone company capable of competing with U.S. rivals. Chief executive Ron Sommer vowed to forge ahead with expansion plans, focusing on "growth" areas, including mobile phones and information technology. "We will pursue further options," Sommer said at the company's shareholders' meeting in Cologne, speaking to about 5,000 shareholders. "The merger with Telecom Italia is by no means the only path that leads to our goal." Armed with as much as QUOTE SNAPSHOT May 27, 1999, 12:57 p.m. PT Deutsche Telekom DT 36.2500 -0.9375 -2.52% Sprint Corp. (FON Group) FON 109.5625 +0.7500 +0.69% Cable & Wireless Plc CWP 36.8125 -1.3125 -3.44% by symbol by name > more from CNET Investor Quotes delayed 20+ minutes $10.6 billion from a planned share sale next month, Telekom is expected to look to the United States and Britain for expansion, analysts and investors said. Telekom needs to boost business abroad to reduce reliance on its home market, where it was forced to slash prices more than 60 percent as it lost a third of the long distance phone business to rivals since deregulation last year. Sommer didn't name the companies he is interested in, adding Telekom is not under pressure to act and the price must be "right." Some shareholders criticized the lack of clarity about the company's plans for the proceeds from the share sale. The German company is reported to have bid as much as $16 billion for One 2 One, the U.K. mobile phone company that Cable & Wireless and MediaOne Group want to sell. Such a purchase would give Telekom a foothold in Britain's fast-growing mobile phone market. The former monopoly wants to continue to play a "major role as global player" in the worldwide telecommunications market, Sommer said. Telekom must continue its international expansion if it wants to avoid becoming "relatively meaningless as a regional service provider in a few years," he said. Analysts have speculated Deutsche Telekom is looking to invest in Cable & Wireless, the No. 2 U.K. phone company that is frequently tipped as a possible international partner for the German company. Through Cable & Wireless, Deutsche Telekom would get a stronger foothold in Asia, assets in the Caribbean and the Pacific Rim, and a booming Internet business. In the United States, the German company may want to increase its 10 percent stake in Sprint or even acquire all of it, investors speculate.