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


To: sylvester80 who wrote (90930)7/3/2002 2:02:44 PM
From: Bruce A. Thompson  Read Replies (3) | Respond to of 99280
 
WorldCom May Have Value of $3 Bln to $8 Bln, Journal Reports
By David Russell

New York, July 3 (Bloomberg) -- WorldCom Inc.'s value may be as low as $3 billion to $8 billion, even though the company lists $104 billion in assets, the Wall Street Journal reported.

Nobody knows whether the figures needed to value the company are valid, the paper said, citing Sean Doherty, managing partner at Venture Asset Group, which helps sell assets. About $50 billion of WorldCom's assets are in goodwill and other intangibles, the paper said.

(WSJ 7-3 B4)


Wouldn't that make WCOME worth a dollar?

BT



To: sylvester80 who wrote (90930)7/3/2002 2:10:00 PM
From: SirRealist  Read Replies (2) | Respond to of 99280
 
I'm till of the mind that a late day selloff to get to 1325-1328 remains a possibility on terror concerns.

As near as I can tell by charting, the 1326 Zeev set is right on the money, with only a terror attack able to drop it lower in the next few days.

Let's see if we can break 1360 in the next 35 mins.