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![]() Worldcom (WCOM) (Page 8)
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| Author | Topic: Worldcom (WCOM) |
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Scott McCormick |
Here's the full story, in case anyone's interested: http://www.thestandard.net/articles/display/0,1449,3494,00.html |
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eagle |
EDS agreed to buy a WorldCom unit for 1.65 billion and take on more than 12,000 employees. EDS is doing this in order to expand their 'client base'. |
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techbull |
I have been very impressed with this company. According to the COO, they have made 68 acquisitions in the last 4 years, with the goal of offering local, long-distance, wireless, and internet services to customers on one bill and on its own facilities. I think they can do it. |
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optimist |
It's good to see that Ebbers doesn't waste money. Those savings fall straight to the bottom line. I try to avoid investing in companies that throw money around frivolously. |
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Bill Tarr |
The CEO is delivering the kind of savings and synergies he promised when WorldCom outmaneuvered British Telecom and GTE to take over MCI: http://cgi.pathfinder.com/fortune/investor/1999/02/01/str4.html |
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InvestorGuide Weekly Administrator |
MCI WorldCom reportedly laid off 2,000 employees, or nearly 3% of its work force, in an effort to trim $2.5 billion in expenses next year. http://www.wired.com/news/news/business/story/16756.html |
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Trader Joe |
BT Alex Brown analyst Kevin Moore (who rates WCOM a strong buy) believes that MCI WorldCom will earn 66 cents per share on sales of $30 billion in sales in 1998, and $1.97 per share on sales of $37 billion in 1999. |
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Carol Dillon unregistered |
11/20 MCI WorldCom is expected to announce a $500 million fund to invest in start-up companies as a way to stay in touch with the rapid changes in telecommunications and internet technologies, according to London’s Financial Times. |
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Nancy White unregistered |
11/18 MCI WorldCom said it will begin offering high-speed internet connections to businesses and online services over regular telephone lines by early 1999, matching rivals' plans for similar data services. |
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Mayor of Investorville Administrator |
Worldcom (WCOM) Worldcom, which recently merged with MCI, is one of the world's leading providers of communication services. It is the second largest carrier of long-distance telecommunication services in the United States and the third largest carrier of international long-distance telecommunication services in the world. Worldcom provides a broad range of communication services, including long-distance telecommunication services, local and wireless services, internet/intranet services and information technology and outsourcing services. (source: annual report) |
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