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Technology Stocks : 360Networks - TSX - TSIX

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To: LAURIE SELINE who wrote (376)7/5/2001 12:37:43 PM
From: James Calladine  Read Replies (1) of 449
 
93 underlying COMPANIES:

Laurie, perhaps I should know this, but is it possible that:

-- each of the 93 companies has its own creditors
-- in the event of being unpaid the creditors will attach liens to that company's assets
-- each company owns a piece (not of the Rock), but the net
-- various net segments will have liens against them

This might account for the very low price of most bonds.

I just wondered if you knew anything more about this stuff.

Namaste!

Jim
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