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Technology Stocks : WCOM

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To: Rock_nj who wrote (10542)6/7/2002 4:49:49 PM
From: tejek  Read Replies (2) of 11568
 
For WorldCom, the path to that growth was consolidation and competitive dominance. So the Fed can keep rates low for a while longer, and debt can be restructured somehow. But unless that path to consolidation is unblocked, a financially restructured WorldCom will have no other future than as an oxymoronic "competitive utility" — unregulated enough to slowly starve to death along with the rest of its competitors, but too regulated to thrive.

Donald Luskin is chief investment officer of Trend Macrolytics, an economics consulting firm serving institutional investors. You may contact him at don@trendmacro.com.

biz.yahoo.com


I don't know. It doesn't sound very positive. I thought maybe the rally is a delayed reaction to the proposed wireless sale. Whatever......WCOM did well today.

ted
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