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Technology Stocks : CyberCash a buy?
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To: jjs_ynot who wrote (3986)3/2/2001 12:59:36 PM
From: Jim Fraser   of 3990
 
I am not an expert here (this is the 1st time I held a stock that went chapt 11) but I think this means that they plan to sell off the "stuff" and debt to Net1, then take that money and pay the bills, and the remaining goes to shareholders, first preferred holders (melton, RGC, etc) then the common. Typically, the common holder gets nothing (but a tax loss writeoff)

This is upsetting but take a deep breath, swallow your pride and move on.

I am wondering if they will let the stock trade until at all between now and then
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