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

To: John Curtis who wrote (10674)	6/17/2002 6:40:53 PM
From: tejek	Respond to of 11568

Tejek, et.al. Tit for tat? Jeeezus....first the little S&P torpedo, and now the WCOM counter: biz.yahoo.com; Maybe........in any case, WCOM is up in after hours. ted

To: John Curtis who wrote (10674)	6/17/2002 8:22:17 PM
From: pogbull	Read Replies (1) \| Respond to of 11568

Does the 5 Billion include the Account Receivables 1.6 Billion? I understood that it didn't. From the press release-- "WorldCom's negotiations with its banks on a new $5 billion bank credit facility continue to go well. Our lead banks are supportive and, in fact, have committed about $450 million of new money to the deal, which means the Company only needs to raise about $300 million from other banks to reach the expected $5 billion level. Now lets look at this: 2.65 + 1.6 = 4.25 + .450 = 4.7 which leaves $300 million to work on. So the 5B included the 1.6 receivables program????? It was never presented this way, stock will be hammered big time if this is what they mean. I'm currently long and I don't like this one bit. The street is expecting the 1.6 bill account rec. to be separate from the 5 bill.