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Worldcom Files Bankruptcy!

Discussion in 'Whatnots' started by Mathetais, Jul 22, 2002.

  1. Mathetais Gems: 28/31
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    Worldcom Files Bankruptcy

    :eek: :sosad:
    As some of you know, this RL cleric has been working in sales at Worldcom selling T1's, T3's, OC3's and other fun stuff. While I still have a job, the company is not doing so well. This is the largest filing of bankruptcy in US (maybe World) History.

    My head is spinning :spin:, but ... that's life in the big city!

    The worst thing that could happen to me personally is that I would have to take a new job, which would mean more "work" and less "Sorcerer's Place" :wail:

    :good:
     
  2. Taluntain

    Taluntain Resident Alpha and Omega Staff Member ★ SPS Account Holder Resourceful Adored Veteran Pillars of Eternity SP Immortalizer (for helping immortalize Sorcerer's Place in the game!) New Server Contributor [2012] (for helping Sorcerer's Place lease a new, more powerful server!) Torment: Tides of Numenera SP Immortalizer (for helping immortalize Sorcerer's Place in the game!) BoM XenForo Migration Contributor [2015] (for helping support the migration to new forum software!)

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    The horror! That must not happen. :)
     
  3. Uytuun Gems: 25/31
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    How could they fire Mathetais, THE Mathetais? :shake:
     
  4. Sir Belisarius

    Sir Belisarius Viconia's Boy Toy Distinguished Member ★ SPS Account Holder

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    [​IMG] Dude - Just because they're filing doesn't mean they'll actually go under! They have tons o' assets!!! Take K-Mart as a perfect example - they file for bankruptcy every other year...and they still haven't folded!

    If it's any consolation - I was thinking about picking up 10,000 shares or so of Worldcom. At .11/share I could be rich if it goes back up! Which I think it will...

    Hang in there Mathetais!!!
     
  5. Mathetais Gems: 28/31
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    Bel ... I'm not a big trader, but all shares might be liquidated to pay off creditors, so put your money back in the piggy bank where its safe ;)

    And the truth is, I am 99.99999% sure that they won't fire me. My big question is whether I stick it out while the company restrucutes, or if I cut my losses and move on.

    Lots to think & pray about ... and I appreciate all your support!
     
  6. Jack Funk Gems: 24/31
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    Good luck Mat.
     
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