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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: sylvester80 who wrote (90930)7/3/2002 2:02:44 PM
From: Bruce A. Thompson  Read Replies (3) of 99280
 
WorldCom May Have Value of $3 Bln to $8 Bln, Journal Reports
By David Russell

New York, July 3 (Bloomberg) -- WorldCom Inc.'s value may be as low as $3 billion to $8 billion, even though the company lists $104 billion in assets, the Wall Street Journal reported.

Nobody knows whether the figures needed to value the company are valid, the paper said, citing Sean Doherty, managing partner at Venture Asset Group, which helps sell assets. About $50 billion of WorldCom's assets are in goodwill and other intangibles, the paper said.

(WSJ 7-3 B4)


Wouldn't that make WCOME worth a dollar?

BT
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