WCOM Message Board - Msg: 17475468

STOCKTALK

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.

Technology Stocks : WCOM

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: c.hinton who wrote (10162)	5/16/2002 9:12:24 AM
From: BEEF JERKEY	Read Replies (3) of 11568

You view has been 100% correct so far I agree that when WCOM was up in the high single digits bonds where signaling disaster but I wonder if that hasn't now played out? WCOM shares selling @ .5 Annual EBITA. The stock has lost 95% of it's value in 4 months.I just wonder if this whole WCOM thing hasn't taken on aspects of a ENE "witchhunt". No doubt WCOM has problems but annual revenues are ~ 30 billion $ per year! Further they have "wiggle room". Every time I hear David faber talk about WCOM it's as if BK is days away. Far as I can see WCOM has ~ 10 bil $ in loans coming due over over the next 5 - 6 years. They got to can the MCI div, sell some assets, reduce Capex but over that same period Revenues will be ~ 130 - 170 bil $ and EBITA should come in at 34 - 45 billion. Not to mention some of those loans will simply be rolled over. This all seems way way overdone to me. This isn't some POS like ICGE. WCOM has assets, business, cash flow and problems. But WCOM has plenty of time and options to turn things around.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next