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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 (46632)5/28/1999 1:26:00 AM
From: kathyh  Read Replies (2) | Respond to of 90042
 
not sure if this was posted earlier... skyt

Thursday May 27, 6:59 pm Eastern Time
SkyTel sees adding 50,000 units in Q2
NEW YORK, May 27 (Reuters) - Paging company SkyTel Communications Inc. said Thursday it expected to add about 50,000 customers in the second quarter, including 40,000 advanced messaging units.

SkyTel Chief Executive John Stupka, who was at the Bank of America Securities' Growth Telecommunications Conference in New York, declined to comment on industry speculation the company may forge a deal with MCI WorldCom Inc. (Nasdaq:WCOM - news).

Shares of SkyTel rose earlier this week after an MCI WorldCom employee reserved a World Wide Web address that included both companies' names, which renewed speculation that the two companies could link.

SkyTel previously said it was exploring various strategic options.

''We continue to do so,'' Stupka said and declined to comment further when asked by reporters about talks with WorldCom.

SkyTel also said it expected its one-way paging business to generate more than $100 million in free cash flow in 1999.

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More Quotes
and News: MCI WorldCom Inc (Nasdaq:WCOM - news)
SkyTel Communications Inc (Nasdaq:SKYT - news)

Related News Categories: options, US Market News



To: Tim Luke who wrote (46632)5/28/1999 1:31:00 AM
From: Jack Colton  Respond to of 90042
 
Tim,

If you are going to continue position plays or day trading, part of what helps build the momentum, as shown during the recent JACO episode, is the openness of the information. Fewer people, fewer investment dollars at your control.

Just my late night thought.

Jack