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Technology Stocks : WCOM
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To: George the Greek who wrote (11275)7/12/2002 7:24:28 PM
From: JDN  Read Replies (1) of 11568
 
Dear George the Greek: I am afraid we are pretty much at the mercy of the Credit facilities now unless you got some push with the Govt. Far as I am concerned WCOM is an excellent candidate for a Govt Lender of Last resort loan similar to Chrysler a few years ago. That worked out and this could too. Unlike Enron WCOM is actually POSITIVE CASH FLOW and can service debt, just can't, nor can any other company or person, pay up everything at once if called. JDN
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