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Technology Stocks : Adelphia Communications: Crumbs for the Equity Sparrows?

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To: Proton who started this subject5/7/2004 10:57:43 AM
From: Proton   of 5
 
There is an active Adelphia discussion going on at CBS Marketwatch

cbs.marketwatch.com

I don't know if you need an account (free) to access, since I have one.

People over there estimate that Adelphia needs a sale price of $20.6 billion to cover debts and preferred shareholders. Anything over that is for the common holders. So, any bid over $3,962/subscriber puts money in the shareholders' pockets.

This is my last post here. Good luck.
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