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

To: BEEF JERKEY who wrote (10634)	6/14/2002 5:37:14 PM
From: tejek	Read Replies (1) \| Respond to of 11568

Some confusion as to the cash position. If I heard correctly he stated WCOM has $3 billion in cash on hand. Well according to last earnings report they had $2.1 but they did pay off some debt. Net left was $1.6 billion. Now he says $3 billion? I thought perhaps he was including the $2.6 billion they drew down but that just don't add up at all. ??? Would be nice. To add to the confusion, Market Research says WCOM had $2.264 billion at the end of the first quarter. Given free cash flow of $250 million per quarter, WCOM should only have $2.5 billion at this point. Are you talking about the pay down of short term debt WCOM did in the first quarter......if so, the $2.264 is net of that. ted