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

To: Zeev Hed who wrote (89541)	7/1/2002 10:47:59 PM
From: Softechie	Respond to of 99280

Harvey's ass is on WCOM big time...SEC's Pitt says WorldCom report 'inadequate' By Matt Andrejczak 07/01/2002 18:21 -------------------------------------------------------------------------------- SEC Chairman Harvey Pitt called WorldCom's detailed report to the agency about its $3.8 billion accounting blunder deficient. "WorldCom's statement is wholly inadequate and incomplete," Pitt said in a statement. "It demonstrates a lack of commitment to full disclosure to investors and less than full cooperation with the SEC." WorldCom's [s:wcome] stock sank 93 percent in trading action Monday on the largest volume in history. The stock had been halted since Wednesday.