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Technology Stocks : WCOM
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To: secureit who wrote (10706)6/22/2002 8:06:26 PM
From: shoe  Read Replies (1) of 11568
 
Here is the question I submitted. Perhaps others on this thread have comments.

Would you explain how you are dealing with price declines in your telecom services. Quoting from Jim Jubak's 5/02/02 column:

"...in January 2001, the wholesale price of a one-year forward contract for an OC-3 grade connection between New York and Los Angeles...came to $26,000.... By November that contract went for $3,000." Jubak claims that WorldCom Group is facing "quickly falling prices in the core data and Internet businesses." How serious is this problem and how are you dealing with it?

Thank you,
Paula Metz

thestreet.com
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