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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: George the Greek who wrote (11309)7/15/2002 2:50:04 PM
From: JDN  Read Replies (2) | Respond to of 11568
 
Dear George: Here is the problem as I see it. If BUSH were to suggest a govt loan to bailout WCOM, excuse being profitable company robbed he would be accused by Dems of trying to bail out theives. So, if that is what is desirable the PUBLIC has got to clamor for it. Presuming WCOM is a reasonable loan with reasonable chance of repayment under proper management I think it ought to be considered. From where I sit seems to me WCOM first began getting in trouble when Govt denied the Sprint merger which Ebbers said at the time was imperative, then got over its head when he and Sullivan decided to git what they could and run for the hills. Incidentally, I remotely know the neighbor of Sullivan (building a 10million $$ home in my city) and this neighbor says he is an ARROGANT HORSES ASS and noone likes him. Claims he has already begun personal bankruptcy proceedings to protect his ill gotten gains under our Fla. law. (homes exempt) JDN