SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Terry Maloney who wrote (181274)7/19/2002 7:43:00 AM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
WorldCom Nears Chapter 11 Filing As Cash Reserves Continue to Fall
Decision on Court Protection From Creditors Is Expected to Be Made at Weekend Meeting

WorldCom currently has between $600 million and $700 million in cash, but roughly $250 million of that is controlled by its overseas operations, which aren't expected to file for Chapter 11 protection, a person familiar with the matter said. The remainder is being burned up not only by the cost of operations but by WorldCom's panicked vendors, who are now demanding up-front payments.
"We have money to last four or five days," said one person familiar with the matter, "and that's it."


online.wsj.com

...Got to roll me
Got to roll me (yeah)
Got to roll me (Keep on rolling)
Got to roll me (Keep on rolling)
Got to roll me (Keep on rolling)
Got to roll me
My baby, call me the tumblin' dice, yeah
Got to roll me
Baby sweet as sugar (Got to roll me)
Yeah, my, my, my yeah (Got to roll me)
I went down baby, oh
Got to roll me (hit me)
Baby I'm down
-Rolling Stones



To: Terry Maloney who wrote (181274)7/19/2002 8:39:10 AM
From: MythMan  Read Replies (2) | Respond to of 436258
 
J&J's turn in hell today...
>>The Dow Jones industrial average could see weakness after component Johnson & Johnson (JNJ: down $6.24 to $45.00, Research, Estimates) fell before hours on a New York Times report that the Justice Dept. is conducting a criminal investigation into the company's Puerto Rico plant, which makes an anemia drug linked to serious illnesses in Europe and Canada.<<