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To: 16yearcycle who wrote (11730)5/23/2002 6:12:49 PM
From: 16yearcycle  Read Replies (1) | Respond to of 57684
 
"They dodged a bullet by getting the waiver on the debt ratings trigger on that $2 billion, and they pulled a rabbit out of a hat by replacing it with a $ 1.5 billion program with no triggers," said Patrick Comack, telecommunications analyst with Guzman & Co . "Now, there's just one more issue to go. If they can get the $5 billion in secured credit lines, they can stave off a liquidity crisis. This was a critical first step.""
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Some folks seems to be very motivated in helping out wcom restructure their balance sheet. Wonder why?

Wcom's annual meeting will be in June, and they are assuring investors(me) they will have that 5 billion by then. We will see.



To: 16yearcycle who wrote (11730)5/23/2002 7:27:48 PM
From: fedhead  Read Replies (2) | Respond to of 57684
 
True but TA is often a leading indicator of fundamentals.
What I am trying to say is there might be some reason
why gold mining stocks are going up, reasons which are
not apparent at present.

Anindo



To: 16yearcycle who wrote (11730)5/24/2002 2:40:17 AM
From: techanalyst1  Read Replies (3) | Respond to of 57684
 
Valuation? Not to be late to the party or lemminglike.... MSDW is upgrading the gold stocks because they should get higher multiples.

Woweeee! Seems everyone is saying to buy gold funds now. The contrarian in me thinks it's time to be thinking of hedging the gold positions.

TA