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North American Network Operators Group Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical RE: How low can Worldcom stock go?
Indeed it will...but they will survive.. I am pretty sure a 5 quarter restatement will reduce its chances of future respectability. DJ -----Original Message----- From: [email protected] [mailto:[email protected]]On Behalf Of blitz Sent: Tuesday, June 25, 2002 7:40 PM To: [email protected] Cc: [email protected] Subject: Re: How low can Worldcom stock go? Worldcom stands a chance of making money in the future, Adelphia has absolutely NO chance of ever regaining any sort of respectability. After all Wcom owns UUnet...they own the fat pipes.. Adelphia cries when it has to purchase a few T3's cause their cablemodem system is clogged... At 19:03 6/25/02 -0400, you wrote: >Any bets where they will bottom out at? Lets see if they can beat Adelphia >at $0.05 on 6/21/02 > > >---- > > >From WSJ Tech alerts. > >WORLDCOM UNCOVERED what appears to be one of the largest corporate frauds in >history with the discovery of more than $3 billion in expenses that were >improperly booked as capital expenditures. > >For more information, see: > >http://online.wsj.com/article/0,,SB1025044139757626480,00.html > > > > >========================================================================== > Eric Germann CCTec > [email protected] Van Wert OH 45801 > http://www.cctec.com Ph: 419 968 2640 > Fax: 603 825 5893 > >"The fact that there are actually ways of knowing and characterizing the >extent of one's ignorance, while still remaining ignorant, may ultimately be >more interesting and useful to people than Yarkovsky" > > -- Jon Giorgini of NASA's Jet Propulsion Laboratory
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