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To: Boca_PETE who wrote (16172)	7/1/2002 12:26:07 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

Thanks Pete People bought WorldComm shares believing there was more earnings and cash flow than there really was. They also saw higher CAPITAL EXPENDITURES which lead them to believe more future profits were implied as a result of higher than actual investing activities. Yeah, I bought some as I felt they had enough cash flow to survive the downturn according to what I was reading... I thought the public numbers justified a $10 to $12 price for a "bear market bottom valuation". When the company helped Ebbers with his margin call, it seemed that even insiders liked the company or Ebbers would have sold out before it went to zero. It was only about 1% of personal net worth lost, but still I don't like feeling a fool for being lied to. My guess is the reason the stock fell is many WERE aware of the lies and the word leaked out. It is hard to believe investors will have faith in any numbers now after several biggies have admitted fraud. I never heard of Enron before CA had its energy problem but we all know MCI and Xerox... I still make "xerox copies" on my "HP All-in-one color copier/scanner/printer." Kirk