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Strategies & Market Trends : Benchpress550's bathroom

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To: benchpress550 who started this subject	5/11/2002 10:32:09 AM
From: benchpress550	of 180

May 10 2002 7:46 AM In Play WorldCom and MCI downgraded at Goldman sachs (WCOM) 2.01: Goldman Sachs downgrades WCOM and MCIT to MKT UNDERPERFORM from Mkt Perform, based on the belief that the current telecom environment is not getting better soon, and WCOM's debt downgrade to junk will both tighten its liquidity situation and make adding new customers more difficult. Sees probability of a WCOM recapitalization (which leaves no equity value) sometime

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