SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WCOM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDN who wrote (4984)8/31/1999 10:56:00 AM
From: PDL  Read Replies (1) of 11568
 
I would suggest going back and looking at Jack Grubman's research report (posted yesterday -- published last Friday). In sum he said it would be a one-time non-recurring charge costing in the "tens of $ millions" range but probably off-set by some one-time gains.

The outage is certainly a major black mark on MCI-Worldcom -- they handled it atrociously. It could come back to bite them in terms of lost customers as well as some potential litigation. But the "final cost" should have virtually no bearing on their reported earnings, momentum, growth or growth prospects which are the primary underpinnings for Mr. Grubman's "this is a must-own growth company... don't blame me if you miss this buying opportunity."

I'm sure I've taken some liberties with the Grubman piece, so please review it for yourself.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News