Worldcom Quotes

After WorldCom, Qwest and everything else, the market is having a 'When will this end?' and 'Which company is next?' reaction... So even though this isn't exactly a surprise, it shakes investor confidence even more. - John Hughes

[WorldCom spokesman Brad Burns said Friday one of McLucas' charges is to determine something not yet clear: when the accounting discrepancies began.] We're looking at everything to make sure we get to the bottom of exactly what's happened, ... Everything is on the table on that front. - Brad Burns

[This is why WorldCom's shares keep falling, ending Wednesday down another 27 cents -- or 11 percent -- to $2.21.] There's a real company there... the chance that WorldCom avoids Chapter 11 gets slimmer by the day. - Paul O'Neil

[But some people aren't entirely happy with that arrangement. MCI WorldCom Inc. withdrew from the W3C after two years when it concluded that membership wasn't worth $50,000 per year.] The structure of the W3C didn't lend itself to quite the degree of freedom to contribute that the IETF does, ... We found it difficult to get points across and to influence what was happening. - Vinton Cerf

[Among bond funds, portfolios heavy on high yield did an about-face, with the average fund in this group up 5.4 percent in the quarter.] Last year people got panicky about corporate debt because of Enron and WorldCom... The spread (between government and corporate bonds) got too big and the market reversed. - Russel Kinnel