No. of Recommendations: 1
Bill Mann on WCOM, Tuesday 4/30

Investors need to recognize this: The only thing that has changed at WorldCom right now is that Bernie Ebbers is gone. That is a big thing and, at the same time, it's not. The same anemic board that stood by as WorldCom burned shareholder value by the truckload is still in place. The same executive staff is in place, with the exception of the former king. And Bernie Ebbers doesn't take either the operating problems or the massive debt load with him. In other words, it is still a long, unsure road for WorldCom, but Sidgmore's leadership could be reason to hope.

I did read his column and many more. The paragraph above I took as a warning. Maybe Sidgmore will be able to clean the plate and get more competant people around him. Thanks for your help.

Birgit aka follydolly

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.