Re: How low can Worldcom stock go?

[Gordon Cook <cook () cookreport com>]

Check out an earlier case of worldcom long distance resale sending 
out bills they can't collect.

http://www.forbes.com/forbes/2002/0610/064.html


"Ring of Thieves" by Neil Weinberg, 06.10.02

Ring of Thieves
by Neil Weinberg
A former MCI billings manager sits in a federal prison, convicted of 
crimes he said he learned to commit while working for his former 
employer.


this one resulted in 600 million write off in 2000



> I have a $132,000 bill for an $4k/mon oc3 that was installed less than a
> year ago.
>
> I have a $77,000 bill for UUNet bandwidth -- one months billing, according
> to them -- for a 9meg ds3.
>
>
>
> On Tue, 25 Jun 2002, Bill Woodcock wrote:
>
> >      > Remember, this is just the beginning. Do you remember you 
> > WCOM bills for
> >      > services that you had canceled years ago? That will come out 
> > as well...
> >
> >  Heh, just today, I received a bill from WorldCom for $75,097.30, for
> >  nothing in particular, that I can discern, which they claim to have been
> >  the unpaid accumulation of some monthly service from May, 1999 through the
> >  present.  Um, yeah, right.  :-)
> >
> >                                  -Bill
>
> -- Alex Rubenstein, AR97, K2AHR, alex () nac net, latency, Al Reuben --
> --    Net Access Corporation, 800-NET-ME-36, http://www.nac.net   --


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