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.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LTK007 who wrote (59492)5/1/2002 5:04:37 AM
From: Psycho-Social  Read Replies (2) of 99280
 
Worldcom CEO stock sales:
That's a good sign, it shows he has some business sense, unlike Ebbers who took out a loan so he could avoid selling at a much higher price than today. <g>

The main question I have re WorldCom is this: Why would their creditors want to force them into bankruptcy with all the damage to their reputation and loss of customers that would inevitably result, and which would hurt the debt repayment ratio substantially. It's not as if they're bleeding cash, they're making money, which can be used to pay off creditors. If I were a creditor, I'd want them to stay in business, rebuild their rep, but hold capex to a minimum.
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