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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (10000)	5/9/2002 9:45:22 PM
From: tejek	Respond to of 11568

"due to capex cuts & asset sales, WCOM will meet or beat it's earnings estimates for the next couple quarters & will have $4-5B cash flow this year to use for whatever they want " Ted if that is true then I think buying here makes sense, but do you think it is? Tim, $4-5 billion in cash flow would really help to cut into there $30 billion debt load. Its starts coming due in 2003 with the first payment to be $4.5 billion, I think. It would buy them some time but its not the only pressing problem. I sense the various mergers have not been put together well and I suspect there needs to be a lot of restructuring. I mean any company that lends their CEO $366 million and then forgives the loan is likely to have a pretty p*ss poor corporate culture. ted