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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: HandsOn who wrote (4632)	7/24/2001 1:48:22 PM
From: BWAC	Read Replies (1) of 5499

Don't know offhand. At this point to me .20 or .30 or .15 is irrelevant, because WCOM is priced below asset value. Yahoo says .20, before the market opens Thursday. Here's the guidance WCOM gave on July 5 biz.yahoo.com Group Second Quarter 2001 Financial Guidance WorldCom group currently expects second quarter 2001 revenues of between $5.3 billion and $5.4 billion representing growth of 11 - 13 percent from the second quarter of 2000. Cash earnings per share excluding currency loss and adjustments to the carrying cost of investments, if necessary, are currently expected to be between 28 and 29 cents for the second quarter of 2001, in line with consensus estimates. Internal cash flow in the quarter improved in excess of $600 million sequentially from the first quarter -- significantly ahead of previous estimates. ``I'm very pleased that we are able to reaffirm our industry leading revenue growth and EBITDA guidance,'' Ebbers stated. ``We have taken very proactive measures to fund our expected growth, as well as investing in networks, systems and acquisitions to enhance our position in strategic areas like Internet-based virtual private networks and managed web hosting. These actions improve WorldCom's ability to execute its mission of providing enterprise customers around the world with the digital communications services they need. While these deliberate measures impact our below-the-line earnings in the short-term, I'm confident they make the Company stronger going forward.''

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