Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Oeconomicus who wrote (11339)	7/19/2002 2:01:32 PM
From: paul t	Read Replies (1) \| Respond to of 11568

Ay carumba... 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." story.news.yahoo.com