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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (11730)	5/23/2002 6:12:49 PM
From: 16yearcycle	Read Replies (1) of 57684

"They dodged a bullet by getting the waiver on the debt ratings trigger on that $2 billion, and they pulled a rabbit out of a hat by replacing it with a $ 1.5 billion program with no triggers," said Patrick Comack, telecommunications analyst with Guzman & Co . "Now, there's just one more issue to go. If they can get the $5 billion in secured credit lines, they can stave off a liquidity crisis. This was a critical first step."" -------------------------------------------------- Some folks seems to be very motivated in helping out wcom restructure their balance sheet. Wonder why? Wcom's annual meeting will be in June, and they are assuring investors(me) they will have that 5 billion by then. We will see.

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