Re: How low can Worldcom stock go?
Check out an earlier case of worldcom long distance resale sending out bills they can't collect. http://www.forbes.com/forbes/2002/0610/064.html "Ring of Thieves" by Neil Weinberg, 06.10.02 Ring of Thieves by Neil Weinberg A former MCI billings manager sits in a federal prison, convicted of crimes he said he learned to commit while working for his former employer. this one resulted in 600 million write off in 2000
I have a $132,000 bill for an $4k/mon oc3 that was installed less than a year ago.
I have a $77,000 bill for UUNet bandwidth -- one months billing, according to them -- for a 9meg ds3.
On Tue, 25 Jun 2002, Bill Woodcock wrote:
> Remember, this is just the beginning. Do you remember you WCOM bills for > services that you had canceled years ago? That will come out as well...
Heh, just today, I received a bill from WorldCom for $75,097.30, for nothing in particular, that I can discern, which they claim to have been the unpaid accumulation of some monthly service from May, 1999 through the present. Um, yeah, right. :-)
-Bill
-- Alex Rubenstein, AR97, K2AHR, alex@nac.net, latency, Al Reuben -- -- Net Access Corporation, 800-NET-ME-36, http://www.nac.net --
-- ======================================================== The COOK Report on Internet, 431 Greenway Ave, Ewing, NJ 08618 USA (609) 882-2572 (phone & fax) cook@cookreport.com Subscription info & prices at http://cookreport.com/subscriptions.shtml Summary of content for 10 years at http://cookreport.com/past_issues.shtml Here Comes Asset Based Telecom A 120 page - Aug Sept issue available at http://cookreport.com/11.05-6.shtml ========================================================
participants (1)
-
Gordon Cook