How low can Worldcom stock go?

Wed Jun 26 05:03:32 UTC 2002

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