NOPT: Northeast Optic Network, Inc Message Board

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Technology Stocks : NOPT: Northeast Optic Network, Inc

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To: AJ Berger who wrote (172)	7/20/1999 9:52:00 AM
From: ynot	Read Replies (1) of 708

AJ it is possible, but imho, not probable according to SEC filings by NOPT there is very little in the way of contractual right of ways required for such a business there is no value add, other than the 'proposed' fibre pipe NOPT acknowledges that expected revenues will not cover debt issues to the same companies that appear to be majority shareholders and NOPT has neglected to obtain contractual right of ways it appears that NOPT exchanged a debt instrument with the same companies which handcuffed them in just about any form of asset sale, exchange or association as well as apparently prohibits them from raising additional debt MCOM was never like this, and imho is still a good short thank you for your reply ynot :)

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