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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (2069)4/22/2002 3:51:34 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 6346
 
I'll bet you that the deal that WCOM puts on the table will bring their debt down to about $3.2B. They are going to go to their creditors and say "Look, 10 cents on the dollar is better than zero cents on the dollar". Then the question will be whether or not they can manage that $3.2B.

After they restructure their debt, we may see someone step in and take them over.



To: John Pitera who wrote (2069)4/22/2002 11:59:29 PM
From: jcky  Read Replies (1) | Respond to of 6346
 
Pssst.... John,

I've got a good scam that could work. We'll hide the debt in fake companies that appear to be doing business with WCOM and can't be traced back to the parent company so easily. Oh wait.... on second thought, I think Enron beat us to the punch. <g>


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