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

To: c.hinton who wrote (10162)	5/15/2002 4:42:52 PM
From: Softechie	Respond to of 11568

The key point here is they have to close the credit facility real soon...

To: c.hinton who wrote (10162)	5/15/2002 5:33:39 PM
From: KyrosL	Read Replies (1) \| Respond to of 11568

Near term WCOM bonds in the low eighties today, versus high seventies yesterday, versus mid seventies the day before. Kyros

To: c.hinton who wrote (10162)	5/15/2002 6:14:48 PM
From: Thomas Walker	Read Replies (2) \| Respond to of 11568

Especially because every ones reason to buy wcom seems to be based on pure speculation and hope . This would differ from the bashers of the stock, those who have downgraded the stock and those who have degraded WCOM's bonds how? It's all based on speculation. In the end, one set of speculators will be more right than others IMHO. Follow the bonds of all the stocks you investment in. That means that if the bonds recover, then you'll be bullish on WCOM?

To: c.hinton who wrote (10162)	5/16/2002 9:12:24 AM
From: BEEF JERKEY	Read Replies (3) \| Respond to of 11568

You view has been 100% correct so far I agree that when WCOM was up in the high single digits bonds where signaling disaster but I wonder if that hasn't now played out? WCOM shares selling @ .5 Annual EBITA. The stock has lost 95% of it's value in 4 months.I just wonder if this whole WCOM thing hasn't taken on aspects of a ENE "witchhunt". No doubt WCOM has problems but annual revenues are ~ 30 billion $ per year! Further they have "wiggle room". Every time I hear David faber talk about WCOM it's as if BK is days away. Far as I can see WCOM has ~ 10 bil $ in loans coming due over over the next 5 - 6 years. They got to can the MCI div, sell some assets, reduce Capex but over that same period Revenues will be ~ 130 - 170 bil $ and EBITA should come in at 34 - 45 billion. Not to mention some of those loans will simply be rolled over. This all seems way way overdone to me. This isn't some POS like ICGE. WCOM has assets, business, cash flow and problems. But WCOM has plenty of time and options to turn things around.