Thursday, April 25, 2002

Meanwhile, back at the ranch... WorldCom sought to ease fears about its financial status after reporting weak quarterly results. The No. 2 long-distance carrier isn't planning on reintegrating MCI Group and said it has $2 billion in assets it could sell. [Wall Street Journal] 5:53:32 PM     Comments[]

Remember when HP was a bunch of engineers with great products who didn't know how to market (spin) their story? Hewlett Executives Defend Decision Before Vote. Carleton S. Fiorina defended a decision not to disclose to shareholders internal reports that raised doubts about the benefits of a merger with Compaq. By Steve Lohr. [New York Times: Business] 4-25-02, 9:03AM Stock price $16.91. Let's see where we are in a year! 9:04:15 AM     Comments[]

Same issue, different company? Isn't HP in court right now with questions about whether or not "projections" might have been a tad inflated to get "the deal" done? AOL Has Huge Loss; Shares Rise. AOL Time Warner reports higher-than-expected sales, but takes a breathtaking $54 billion charge to cover stock losses. Meanwhile, executives pledge to rev up flagging online ad sales. By Joanna Glasner. [Wired News] 8:32:24 AM     Comments[]

© Copyright 2002 Steve Pilgrim.