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URL:  http://boards.fool.com/you-need-to-scrutinize-the-company-and-figure-out-17149980.aspx

Subject:  Re: WCOM Bonds UhOh Date:  5/1/2002  9:14 AM
Author:  jrr7 Number:  3573 of 35351

You need to scrutinize the company and figure out what the chance is that the company will default. Yes, they made bad decisions regarding their CEO but will that sink the company?

Note that their short-term obligations are selling for 80c on the dollar, so the market thinks it unlikely that they'll default soon. You have a little time, make use of it. Don't panic, stay calm, and do your research.
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