Table: Bargain or Bomb?
Three fund families' big bets on telecommunications stocks in the first quarter now look dicey
TELECOM FUND COMPANY Q1* INVESTMENTS
WORLDCOM Alliance 102 million shares to 209 million; $80 million in bonds to $253 million Wellington 27 million shares to 147 million; holds $220 million in bonds
ADELPHIA Alliance 1.4 million shares to 10.4 million; holds $9.5 million in bonds Wellington 10 million shares to 32 million
QWEST Alliance 117 million shares to 137 million Fidelity 17.5 million shares to 120 million
* Most recent data
Data: Capital Access, Bloomberg Financial Markets