Anthony @ Equity Investigations, Dear Anthony, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Anthony@Pacific who wrote (64467)	12/15/2000 9:23:08 AM
From: StockDung	Read Replies (2) of 122087

CYOE/DIANA CORP/Quentra Networks Inc says files Chapter 11. RIP Quentra Networks says files Chapter 11 NEW YORK, Dec 15 (Reuters) - Telecommunications provider Quentra Networks Inc. (NasdaqNM:QTRA - news) on Friday said it had filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. ``We have taken this step as part of an on-going effort to restructure and ultimately strengthen the company's financial condition,'' said Bruce Ballenger, Quentra's recently appointed chief executive. Ballenger said Quentra would continue to maintain normal business operations. Its core business going forward will be the delivery of bundled e-commerce and telecom services, he said. Quentra shares closed on Thursday at a 52-week low of 7/32 on Nasdaq. The stock's 12-month high is $14-1/2. Quentra said it recently announced it had taken actions to significantly lower its operating expenses, including reducing its work force, primarily in retail and international telecom operations. It said it plans to consolidate the majority of its remaining operations and employees. Email this story - Most-emailed articles - Most-viewed articles

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next