Worldcom emerges - GoFuckYourself.com

baddog · 04-20-2004, 10:32 AM

MCI survived their Chapter 11 and they're ba-a-ack.

Probably a good time to pick up some of their stock.

candyflip · 04-20-2004, 10:37 AM

What does this mean for old shareholders? My girl used to work for MCI and was sitting on a shitload of shares before they went under. Could they potentially be worth something again?

TheRedZone · 04-20-2004, 10:44 AM

http://biz.yahoo.com/pz/040419/56059.html

Press Release Source: Parker & Waichman Attorneys at Law

MCI WorldCom Expected to Emerge from Bankruptcy Later this Week; Shares of WCOEQ and MCWEQ Likely to be Cancelled, Announces Parker & Waichman

AndrewKanuck · 04-20-2004, 11:04 AM

They're still a rip off when it comes to Bandwidth.

baddog · 04-20-2004, 11:15 AM

Quote:

Originally posted by candyflip
What does this mean for old shareholders? My girl used to work for MCI and was sitting on a shitload of shares before they went under. Could they potentially be worth something again?

I hear they make nice placemats

tbabe · 04-20-2004, 11:29 AM

Quote:

Originally posted by baddog

I hear they make nice placemats

and wallpaper

AcidMax · 04-20-2004, 11:37 AM

I think there is still the class action lawsuit though. I didn't read the details but know I got automatically entered into the class action suit against them. I had a ton of shares of WCOM (could have been retired already) and they bottomed while I was still employed there back in 2000 - 2001.

Isn't MCI just the Long Distance division of WorldCom though? What about the rest of the company they were split off from each other for some time. I havn't kept up on it since end of 2000.

FlyingIguana · 04-20-2004, 09:40 PM

from what i heard the equity will be recycled, meaning debt holders will replace the currect equity shareholders.

mci has who i would consider one of the best ceo's in the world. once the equity thing is fixed up i would look into investing in mci for sure.

they changed the name to mci because worldcom has too much scandal around the name.

04-20-2004, 10:32 AM	#1
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	Worldcom emerges MCI survived their Chapter 11 and they're ba-a-ack. Probably a good time to pick up some of their stock.

04-20-2004, 10:37 AM	#2
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,067	What does this mean for old shareholders? My girl used to work for MCI and was sitting on a shitload of shares before they went under. Could they potentially be worth something again? __________________ Spend you some brain. Email Me

04-20-2004, 10:44 AM	#3
TheRedZone Confirmed User Join Date: Jan 2003 Location: Hanging on your every word... Posts: 147	http://biz.yahoo.com/pz/040419/56059.html Press Release Source: Parker & Waichman Attorneys at Law MCI WorldCom Expected to Emerge from Bankruptcy Later this Week; Shares of WCOEQ and MCWEQ Likely to be Cancelled, Announces Parker & Waichman __________________ My IQ is higher than my postcount, but it hasn't really helped me that much....

04-20-2004, 11:04 AM	#4
AndrewKanuck Confirmed User Join Date: Jan 2004 Location: Cleveland & Atlanta Posts: 6,706	They're still a rip off when it comes to Bandwidth. __________________

04-20-2004, 11:37 AM	#7
AcidMax Confirmed User Join Date: May 2002 Location: MI Posts: 1,827	I think there is still the class action lawsuit though. I didn't read the details but know I got automatically entered into the class action suit against them. I had a ton of shares of WCOM (could have been retired already) and they bottomed while I was still employed there back in 2000 - 2001. Isn't MCI just the Long Distance division of WorldCom though? What about the rest of the company they were split off from each other for some time. I havn't kept up on it since end of 2000. __________________ Latest MMA news. http://www.mmawrapup.com

04-20-2004, 09:40 PM	#8
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	from what i heard the equity will be recycled, meaning debt holders will replace the currect equity shareholders. mci has who i would consider one of the best ceo's in the world. once the equity thing is fixed up i would look into investing in mci for sure. they changed the name to mci because worldcom has too much scandal around the name. Last edited by FlyingIguana; 04-20-2004 at 09:42 PM..