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Technology Stocks : WCOM

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To: waldemar cyranski who wrote (11515)2/11/2003 5:04:27 PM
From: Oeconomicus  Read Replies (1) of 11568
 
Well, that's the sixty-five thousand dollar question, isn't it? The consensus is "no". A few people apparently think the consensus is wrong, hence the 14-15 cent price. Personally, I think a case could be made for the value of the going business exceeding the debt, in which case the consensus *should* be wrong, but to actually be wrong, there'd have to be someone involved in the BK with an interest in leaving something to the shareholders. I don't know who that might be that would actually go to bat for the shareholders in the court. We seem pretty thoroughly abandoned as far as I can tell.

Bob
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