Mci: Set For More Overseas Calls

In 1993, when the Dow was up to 3600 and investors were flocking overseas, investment manager Wayne Nordberg kept on buying American. His faith in the Dow has paid off. But in spite of the market's sharp runup, value-player Nordberg has remained bullish. He is, in particular, snapping up stocks whose price-earnings ratios have lagged behind the Dow's and whose worth remains unrecognized. One such stock: MCI Communications (MCIC).

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