How low can Worldcom stock go?

Tue Jun 25 23:21:41 UTC 2002

Look's like another ENRON scandal. CFO (cooking the books) fired, 3.6 billion dollars in overstated earning's over the past year. Uh, how many hundreds of millions did Ebber's loan(steal) himself?

-Eric

---------- Original Message ----------------------------------
From: "Eric Germann" <ekgermann at cctec.com>
Reply-To: <ekgermann at cctec.com>
Date:  Tue, 25 Jun 2002 19:03:24 -0400

>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