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Technology Stocks : WCOM
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To: P.T.Burnem who wrote (2972)7/22/1998 6:47:00 PM
From: limtex  Read Replies (1) of 11568
 
PTB -

Not one but a whole bunch of relatively good analysts have already put WCOM figures through inspection and have had the opportunity of good questioning sessions on road shows and the whole group has been through the wringer with the EU and the JD and all their accountants and analysts not to mention those of the competition who tried to get the merger with MCI stopped..

Whoo else do you think can find something wrong with WCOM figures if all those guys couldn't and many of them were paid to find anything that could have scuppered the deal. Seriuos accounting errors would have been one of the first and easiest to turn up. But they didn't.

Sorry but your logic has to overcome a big timing issue here. It might have justified further examination at any other time but not after an investigation like Bernie and the boys have just been through.

Regards,

L
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