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1 EXHIBIT 4 [MERRILL LYNCH LOGO] CONFIRMATION OF OTC TRANSACTION DATED: JUNE 3, 1999 ML REF: 998688 TO: IXC INTERNET SERVICES, INC. ("COUNTERPARTY") ATTENTION: JAMES F. GUTHRIE Telephone: 800-847-5705 Fax: 512-328-7902 FROM: MERRILL LYNCH...

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