[49145] in North American Network Operators' Group
RE: How low can Worldcom stock go?
daemon@ATHENA.MIT.EDU (Marc Pierrat)
Tue Jun 25 20:34:08 2002
From: "Marc Pierrat" <marc@sunchar.com>
To: <deepak@ai.net>, "blitz" <blitz@macronet.net>,
<ekgermann@cctec.com>
Cc: <nanog@trapdoor.merit.edu>
Date: Tue, 25 Jun 2002 20:32:56 -0400
In-Reply-To: <GPEOJKGHAMKFIOMAGMDIMEIHMIAA.deepak@ai.net>
Errors-To: owner-nanog-outgoing@merit.edu
Unfortunately this event will not only affect Worldcom, but the entire =
industry in a significant way. This is, afterall, one of the largest =
reported cases of fraud in US history.
MP
> -----Original Message-----
> From: owner-nanog@merit.edu [mailto:owner-nanog@merit.edu]On Behalf Of
> Deepak Jain
> Sent: Tuesday, June 25, 2002 8:02 PM
> To: blitz; ekgermann@cctec.com
> Cc: nanog@trapdoor.merit.edu
> Subject: RE: How low can Worldcom stock go?
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> I am pretty sure a 5 quarter restatement will reduce its chances of =
future
> respectability.
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> DJ
>=20
> -----Original Message-----
> From: owner-nanog@merit.edu [mailto:owner-nanog@merit.edu]On Behalf Of
> blitz
> Sent: Tuesday, June 25, 2002 7:40 PM
> To: ekgermann@cctec.com
> Cc: nanog@trapdoor.merit.edu
> Subject: Re: How low can Worldcom stock go?
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> Worldcom stands a chance of making money in the future, Adelphia has
> absolutely NO chance of ever regaining any sort of respectability.
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> After all Wcom owns UUnet...they own the fat pipes..
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> Adelphia cries when it has to purchase a few T3's cause their =
cablemodem
> system is clogged...
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> At 19:03 6/25/02 -0400, you wrote:
> >Any bets where they will bottom out at? Lets see if they can=20
> beat Adelphia
> >at $0.05 on 6/21/02
> >
> >
> >----
> >
> > >From WSJ Tech alerts.
> >
> >WORLDCOM UNCOVERED what appears to be one of the largest corporate =
frauds
> in
> >history with the discovery of more than $3 billion in expenses that =
were
> >improperly booked as capital expenditures.
> >
> >For more information, see:
> >
> >http://online.wsj.com/article/0,,SB1025044139757626480,00.html
> >
> >
> >
> >
> =
>=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
> =3D=3D=3D=3D=3D=3D=3D=3D=3D
> > Eric Germann CCTec
> > ekgermann@cctec.com Van Wert OH =
45801
> > http://www.cctec.com Ph: 419 968 =
2640
> > Fax: 603 825 =
5893
> >
> >"The fact that there are actually ways of knowing and characterizing =
the
> >extent of one's ignorance, while still remaining ignorant, may =
ultimately
> be
> >more interesting and useful to people than Yarkovsky"
> >
> > -- Jon Giorgini of NASA's Jet Propulsion Laboratory
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