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To: Larry S. who wrote (38163)	2/4/2002 11:32:36 AM
From: Nemer	Read Replies (1) \| Respond to of 53068

WCOM .. >>>>WCOM - 8.45 - wow. looks like it got globalcrossingitis as well as marginbernieitis. This is a MAJOR stock, and is being decimated. why ?????? why ? that is NOT available on my chart ..... ggggg but nonetheless .. appears headed to 8.17 the way I see it where the BIG dragons play/live/feed of course, my peerintothemarketprices is based on my yellowpencilbaseddyslexicsquint

To: Larry S. who wrote (38163)	2/4/2002 11:32:48 AM
From: Kelvin Taylor	Respond to of 53068

WCOM: WorldCom CEO's $184 Mln in Loans, Backed by Stock, May Be Due Clinton, Mississippi, Feb. 1 (Bloomberg) -- Bernard Ebbers, WorldCom Inc.'s chief executive officer, may have to repay as much as $183.7 million in loans backed by 11.3 million shares of the company, after its stock hit a seven-year low Wednesday. The loans from Bank of America and WorldCom, which Ebbers took out to buy WorldCom stock, are due the business day after the company's shares close at or below $10. The so-called margin debt amounted to $183.7 million as of March 30, the company said in a U.S. Securities and Exchange Commission filing from that day. Shares of WorldCom, a telecommunications company, closed at $9.85 Wednesday. The stock, which fell 18 cents to $9.87 in midafternoon trading, touched a low unseen since mid-1995 Wednesday, as results of rivals such as Qwest Communications International Inc. disappointed investors. The stock was also hurt by fears that the market would be flooded by Ebbers' shares, analysts said. ``There are no foreseeable circumstances that would require Mr. Ebbers to sell his shares,'' WorldCom spokesman Brad Burns said. He declined to comment on whether terms mentioned in the March filing had been amended. As of March 30, Clinton, Mississippi-based WorldCom had lent Ebbers $84.6 million to repay earlier margin loans after the stock fell. It also guaranteed loans to the chief executive from Bank of America. The loans and guarantee were made to avoid ``forced sales of Mr. Ebbers' stock in WorldCom,'' the company said in the March filing. Ebbers last year had a $36.5 million paper loss on stock options received in 2000. He was paid $11 million in 2000. In June, the company created shares to track the performance of its slower-growing businesses, including the consumer long- distance operation that came with the 1998 purchase of MCI Communications Corp.