"Not only are the companies having trouble selling their goods and services, there is now the added element of questionable accounting, WorldCom (NasdaqNM:WCOME - News; NasdaqNM:MCITE - News) being just the most recent example," he added. "This path of self-destruction will not help matters and we could eventually see the industry implode on itself."
Shouldn't you be on the WCOME board posting this stuff? They are imploding on very bad practices