And in the headlines ... MCI Communications' has announced that it will sell its InternetMCI business to Cable & Wireless after the Justice Department approval of the company's proposed $37-billion merger with WorldCom Inc.

MCI's acting chief financial officer says he expects the new MCI-WorldCom entity to replace the revenue generated by MCI's Internet business quickly, thanks to the explosive growth of the Internet. The merger still requires approval from the FCC and four states.

(? Ninfomania)