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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (11534)	5/15/2002 12:08:26 AM
From: Lizzie Tudor	Read Replies (5) of 57684

Thanks Eugene for any thoughts you have on wcom... I put an offer in tonight for a little, lets see if I get it tomorrow- a gamble I know. There is some kind of issue with debt covenants, the scenario I believe is, if the SEC inquiry requires additional write-downs they will be in violation of the covenant and the debt MAY (emphasize MAY) be called early. Given the state of the telecom industry I really can't see the SEC "throwing the book" at wcom. There isn't any blatant fraud from anything I've read. I can't believe I'm working in this of all weeks in the mkt. Finally some decent news. I've been off forever (since my b2b startup collapsed) so I guess the fact I found something to do with myself (in technology) is a bit of anecdotal evidence right there. Lizzie

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