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Technology Stocks : WCOM

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To: Oeconomicus who wrote (10560)6/10/2002 12:59:31 PM
From: BEEF JERKEY   of 11568
 
This article references happenings from the 1995 - 1997 era at pre -WCOM MCI. Seems worst case scenario is WCOM may be exposed as having made a bad judgment call as to how they handled some bad accounts a number of years ago. I would think a bad account is a bad account - and they did account for it - however they might have put some lipstick on it first.

Whatever, as you say it's old news now.

WCOM has dropped from a high of $60+ to now under $2. I think this old, well known, news is already more than priced in.

Maybe time to stop obsessing with the rear view mirror and start focusing on the road ahead.
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