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RE: How low can Worldcom stock go?

  • From: Deepak Jain
  • Date: Tue Jun 25 20:05:46 2002


I am pretty sure a 5 quarter restatement will reduce its chances of future
respectability.

DJ

-----Original Message-----
From: owner-nanog@merit.edu [mailto:owner-nanog@merit.edu]On Behalf Of
blitz
Sent: Tuesday, June 25, 2002 7:40 PM
To: ekgermann@cctec.com
Cc: nanog@trapdoor.merit.edu
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
>   ekgermann@cctec.com                                 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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