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

To: John Curtis who wrote (10696)	6/20/2002 6:03:10 PM
From: James Calladine	Respond to of 11568

WCOM WorldCom cut by Moody's (1.37 -0.15) Moody's downgrades WCOM's senior unsecured debt to B1 from Ba2 and has retained the ongoing review for possible further downgrade; the rating action was prompted by the co's announcement that it will be deferring the quarterly interest payment on the 8% cumulative QUIPS issued by MCI Capital I.

To: John Curtis who wrote (10696)	6/21/2002 1:35:29 AM
From: c.hinton	Respond to of 11568

Wampum,rice,stones of yap,gold, silver copper bronze tobaco,pepper,paper......why?Wampum is particularly interesting especially when it was debased by cheap imports.

To: John Curtis who wrote (10696)	6/21/2002 2:28:45 PM
From: tejek	Respond to of 11568

But for WCOM, it fell below where I felt it would go, eg. ~$1.40, though from what I could see of the intraday it seemed to be more or less tracking the performance of the overall markets. FUD holding sway once again. And this reality is rippling out all across the markets. WCOM is not alone. Yes there are pockets of strength; but they're just that, pockets. WCOM is doing a retest of its previous low of $1.08. For that reason alone, it does not surprise me it dropped below $1.40. I was expecting it to go only as low as the mid 1.20's. However, today is triple witching where everything is exaggerated. Plus, the stock has the uncertainty of a $5 billion financial package hanging over its head. ted