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Technology Stocks : WCOM
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To: mike thomas who wrote (10764)6/24/2002 3:09:35 PM
From: shoe  Read Replies (2) of 11568
 
Regarding Grubman, see this Reuters article:

biz.yahoo.com

One analyst, who asked not to be identified, said Grubman's words carry weight because of Salomon's relationship as WorldCom's bankers.

"Anything (Grubman) says is important because Salomon are the bankers" for WorldCom, said the analyst, who added that a recapitalization is likely under consideration if Grubman is mentioning it.
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