WCOM Message Board - Msg: 17675092

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Technology Stocks : WCOM

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To: shortilong who wrote (11042)	6/30/2002 7:35:25 AM
From: Richard Mazzarella	Read Replies (2) of 11568

short, IMO the company still has some cash and IF they can convince their banks facing default that Worldcom has a business plan that can succeed, the banks may offer more funding. They may also consider the breakup of the company and allocate proportional debt to each component and then spin them off to shareholders. Each component company would then face finding funding or going belly up. They may look for a white knight to save them, maybe a company like Microsoft or IBM that would like to diversify. Currently Microsoft and IBM face the same business path result of a Polaroid and Xerox. However, the most likely path for Worldcom, especially if there are more cooked book entries found, is C11 where the stock price may see ~$0.75 for the short time trading as WCOMQ.

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