ISDEX & Market Moves
Snapshot
28-Jan-98 | % change | point change | |
|---|---|---|---|
ISDEX Average | 107.53 | 3.09% | 3.22 |
NASDAQ | 1,610.82 | 2.02% | 0.92 |
DJIA | 7,915.47 | 1.28% | 0.39 |
- WorldCom (NASDAQ:WCOM) files $5 billion debt registration. In case anyone forgot this is the firm in the process of acquiring MCI for more than $37 billion. Once merged it will control more than 50% of current Internet backbone traffic. But high-speed networks may be on the horizon. Cable coaxial. Will acquisitive WorldCom be overleveraged if new wires are needed?