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Technology Stocks : 360Networks - TSX - TSIX

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To: Marty Lee who wrote (297)6/8/2001 8:36:19 AM
From: James Calladine   of 449
 
MOODY'S:

Whether you or I feel Moody's has a good grasp of the
situation is interesting to us, but doesn't mean much.

All kinds of big money people, who do not have the time to
investigate every company RELY on such ratings and are reluctant to put money out to a company with such negative
ratings.

It may be innacurate, insane, unfair, you name it, but that's how things are.

One thing can be said, however, and that is that such people know how to read Balance Sheets, and projections of cash flow and so on. Probably better than you or I.

Namaste!

Jim
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