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July 5th, 2002, 10:58 AM
#1
Worldcom to be bought out within 2 years
A gartner analysist a few days ago expressed his oppinion that without a buyout worldcom will not survive. Supposedly at the moment worldcom has $2 billion left in the bank. This will obviously not be enough to keep them afloat for longer than 6 months. It is thought that they will have to go into chapter 11 bankruptcy. All in all their only way to get out of this rut is to be bought by another company http://www.infoworld.com/articles/hn...orldbought.xml for more info.
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