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Digex Vulnerable? Digex issued this press release, reminding all of us that it's a separate company. But in addition to being funded by WorldCom, one has to believe that there are many off-books services Digex receives through this relationship. Given the huge gap between WorldCom's assets and liabilities, one has to question whether it can continue to fund Digex as the press release promises. If it has to sacrifice some assets to save others, I expect WorldCom would dump its share od the hosting business in order to hang onto its long-distance customers. Digex could be caught between a rock and a hard place. Do I hear C&W in the wings with checkbook once again in hand? Or perhaps EDS?
Posted Monday, July 22, 2002 10:16:43 PM 
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