WCOM Message Board - Msg: 17560075

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Technology Stocks : WCOM

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To: tejek who wrote (10465)	6/5/2002 12:23:07 PM
From: BEEF JERKEY	Read Replies (2) of 11568

I agree they appear to be doing the right things Cut the fat and excess baggage and get down to a core business concentrating on the those assets that generate the big numbers, and WCOM does have some big numbers. Apparently WCOM also has some money losing divisions - all add to Free Cash Flow as they disappear. It also makes wonder if the amazing profitability of WCOM's core assets has been somewhat disguised by the unprofitable divisions of the company. A billion $ sale of assets and WCOM will be looking awfully good for the long term. I have already figured that WCOM should hit close to $2 billion annual free cash prior to the job cuts. Getting rid of contract employees won't cost them either. So now I wonder if $2.5+ billion free cash could be in the cards. That is an amazing number for any company and if WCOM pulls that off all I can say is WOW. Anyway you cut it $2 + billion free cash should be a certainty now - more than enough to get WCOM outa the hole it's in! Last week everyone was "anticipating" this brighter future and willing to buy. Now sentiment has done a 180 and bleakness is the only possible outcome. It most definitely is a manic-depressive market! Anyway I'm hanging in there with 2/3 of my original position and ready to jump back in. I'm in cheap (bought my first lot @ $1.12) so I got a "comfort" zone. Longer term I know WCOM will go higher - much higher. so I'll sit tight and just reminisce about the $1.80 days for now! Congrats on your trade @ $1.60 - its looking good right now!

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