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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject8/29/2001 2:56:16 PM
From: Softechie   of 37746
 
WorldCom (WCOM) 12.54 -0.43: In an 8K filing, company discloses that it told an investor conference today that the 2002 capital spending plan has been reduced to $5.5 bln; most on street had been expecting $6.0 bln. News is bad for telecom equipment names like JNPR, CIEN, etc, but probably already discounted in these stocks.

Yeah right!
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