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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (19584)9/19/2000 1:33:56 PM
From: jimcav  Read Replies (1) of 436258
 
Defaults already happening, I expect more to follow.
"Concern may also stem from vendor financing risks, in which network equipment suppliers help finance the purchase of their equipment.
Fiber-optic system supplier Ciena Corp. (NasdaqNM:CIEN - news), which fell $9-1/16 to $205-3/8 on Nasdaq on Monday, has said it
would take a fourth-quarter charge for up to $28.2 million in vendor financing it may not be able to collect from a European customer."
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