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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (85572)	6/25/2002 7:56:57 PM
From: acuransx_2000	Read Replies (4) \| Respond to of 99280

Are you nuts?? How can you even say that WCOM is meaningless to the stock market as a whole?? You must be cracked right out!!!!!!

To: Haim R. Branisteanu who wrote (85572)	6/25/2002 7:58:39 PM
From: John Carragher	Read Replies (2) \| Respond to of 99280

suppliers associated with wcom will be taken down . wonder how much is owed to some of these companies ,

To: Haim R. Branisteanu who wrote (85572)	6/25/2002 8:01:35 PM
From: SBHX	Read Replies (1) \| Respond to of 99280

The real problem is how deeply ingrained this is in corporate america. Ask any cpa, does this treatment of expense occur fairly widely? The answer might be surprising. SbH

To: Haim R. Branisteanu who wrote (85572)	6/25/2002 8:11:55 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Haim, a $3-Billion fraud is a bit bigger issue than a $3-billion inventory write-down. The impact on market confidence is huge. When you get down to it, the market valuations are basically about confidence.

To: Haim R. Branisteanu who wrote (85572)	6/25/2002 8:14:59 PM
From: Trader J	Read Replies (1) \| Respond to of 99280

WCOM: I think you will see how meaningless it isn't tomorrow. Cisco's write down is completely different than blatant fraud that will now further bring into question any and all tech companies, and especially telecoms. Those considering throwing in the towel will do so now for fear of holding the next time bomb .... and who is to say that it isn't Cisco, Microsoft. Serious doubt is further cast now and I expect it to be ugly. tJ