Merit Network
Can't find what you're looking for? Search the Mail Archives.
  About Merit   Services   Network   Resources & Support   Network Research   News   Events   Home

Discussion Communities: Merit Network Email List Archives

North American Network Operators Group

Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical

RE: How low can Worldcom stock go?

  • From: Marc Pierrat
  • Date: Tue Jun 25 20:35:35 2002

Unfortunately this event will not only affect Worldcom, but the entire industry in a significant way.  This is, afterall, one of the largest reported cases of fraud in US history.

MP

> -----Original Message-----
> From: owner-nanog@merit.edu [mailto:owner-nanog@merit.edu]On Behalf Of
> Deepak Jain
> Sent: Tuesday, June 25, 2002 8:02 PM
> To: blitz; ekgermann@cctec.com
> Cc: nanog@trapdoor.merit.edu
> Subject: RE: How low can Worldcom stock go?
> 
> 
> 
> 
> 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
> 
> 
> 
> 





Discussion Communities


About Merit | Services | Network | Resources & Support | Network Research
News | Events | Contact | Site Map | Merit Network Home


Merit Network, Inc.