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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (24731)7/10/2002 12:17:26 PM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
EPS = Eventual Prison Sentence

NAV = Normal Andersen Valuation

CEO = Chief Embezzlement Officer

CFO = Corporate Fraud Officer

EBIT = Earnings Before Irregularities and Tampering

EBITDA = Earnings Before I Tricked the Dumb Auditor



To: Joe Copia who wrote (24731)7/11/2002 10:21:53 AM
From: Jim Bishop  Read Replies (1) | Respond to of 25711
 
WorldCom, Inc. Announces Decision Not to Pay July 15, 2002 Dividend on MCI
Group Common Stock

CLINTON, Miss., July 11 /PRNewswire-FirstCall/ -- WorldCom, Inc.
(Nasdaq: WCOME; MCITE), today announced that, in light of current
circumstances, its Board of Directors has determined the company will not pay
the dividend of $0.60 per share of MCI group common stock that was scheduled
to be paid on July 15, 2002. As previously announced, each outstanding share
of MCI group common stock will be converted into 1.3594 shares of WorldCom
group common stock, effective as of the close of regular trading on Friday,
July 12, 2002.

About WorldCom, Inc.
WorldCom, Inc. (Nasdaq: WCOME; MCITE) is a pre-eminent global
communications provider for the digital generation, operating in more than 65
countries. With one of the most expansive, wholly-owned IP networks in the
world, WorldCom provides innovative data and Internet services for businesses
to communicate in today's market. In April 2002, WorldCom launched The
Neighborhood built by MCI -- the industry's first truly any-distance, all-
inclusive local and long-distance offering to consumers for one fixed monthly
price. For more information, go to worldcom.com.