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Technology Stocks : WCOM

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To: sharesighted who wrote (11495)1/21/2003 9:13:54 PM
From: waldemar cyranski  Read Replies (1) of 11568
 
Perhaps a bit of topic, but, today's news stated how Kmart's holders of debt are kicking out the current board of directors and by June having cleared up the bankruptcy will issue new stock against the debt. Currently, K-Mart is selling below a dollar, just like WCOM !
So holders of K-Mart current stock will end up with zero!
Is there any reason to believe that WCOM will be any different?? Appreciate any thoughts out there!

Thanks, Waldy
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