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Politics : High Tolerance Plasticity

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To: Warpfactor who wrote (12234)2/6/2002 10:50:15 AM
From: pls418  Read Replies (2) of 23153
 
Will someone with some accounting experience help me out here, they're saying WorldCom is in trouble because of its high debt, granted due to their size they may owe a pile of money but their debt equity ratio is .45 they have close to 3 billion in cash, their interest coverage ratio is close to 4 and the lowest earnings projections for this year I can find is 47 cents with a high close to a dollar. So there may be one million reasons not to buy WorldCom but financially I don't see it what am I missing? Is in a matter of rolling over debt when it comes due and with a possible bond downgrade they may have trouble doing so, please enlighten me.
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