nanog mailing list archives

Re: How low can Worldcom stock go?


From: "Eric Rogers" <epr02 () rexglobal com>
Date: Tue, 25 Jun 2002 16:21:41 -0700


Look's like another ENRON scandal. CFO (cooking the books) fired, 3.6 billion dollars in overstated earning's over the 
past year. Uh, how many hundreds of millions did Ebber's loan(steal) himself?

-Eric

---------- Original Message ----------------------------------
From: "Eric Germann" <ekgermann () cctec com>
Reply-To: <ekgermann () cctec com>
Date:  Tue, 25 Jun 2002 19:03:24 -0400

Any bets where they will bottom out at?  Lets see if they can 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


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