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Technology Stocks : WCOM

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To: Paul Berggren who started this subject2/7/2003 9:40:21 AM
From: sharesighted   of 11568
 
Can Worldcom's competition Uncross Its Wires?

From BusinessWeek Online:

Can AT&T Uncross Its Wires?

"AT&T's revenues slid 10% in 2002"

"Though many analysts had predicted that WorldCom's Chapter 11
bankruptcy filing could create a windfall for AT&T, Ma Bell's
revenues from business customers fell 3% in 2002"
"WorldCom effect hasn't been as pronounced as observers expected.
Instead of falling apart, WorldCom has held itself together in
Chapter 11 by aggressively cutting prices to retain customers."

yahoo.businessweek.com

Sounds like the Worldcom's competition overstated its ability.

(Position- Long; Rating- Hold)
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