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Pastimes : All Clowns Must Be Destroyed

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To: Les H who wrote (32880)	5/14/2000 9:05:00 AM
From: Giordano Bruno	Read Replies (1) of 42523

J. P. Cisco Bankruptcy is a stigma in the stuffy world of banking, but not in the telecom financing business. Consider the good fortune of Heartland Wireless Communications, which calls itself a "provider of wireless broadband network and multichannel subscription television services." The company lurched into Chapter 11 in October 1998, then re-emerged in April of last year, defending itself from various lawsuits and renaming itself Nucentrix Broadband Networks. Then, in February, Nucentrix bragged of a new "strategic alliance" with Cisco, in which Nucentrix agreed to buy $13 million in equipment, but got $16 million in Cisco financing to pay for it and for other things. forbes.com

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