Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (20227)	6/25/2002 8:43:57 PM
From: EL KABONG!!!	Read Replies (2) of 74559

Hi Ray, Speaking of WorldCom, can you just imagine how all those hedge fund managers that bought the distressed debt of WorldCom (assuming that there's some out there somewhere) must feel at the moment? How about the loan officers at whatever banks have extended WorldCom a line of credit (or debtor in possession financing)? Tonight there is more than one guy/gal out there somewhere that will be imbibing quite a few elixirs to relieve some of the pain... Perhaps we should take another look at the wine and spirits industry as a possible winner for tomorrow? <g> KJC

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