XO Communications (XOXO) Message Board

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Technology Stocks : XO Communications (XOXO)

XOXO 34.99

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Dec 21 4:00 PM EST

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To: Larry Brew who wrote (785)	11/29/2001 2:41:02 PM
From: James Calladine	Read Replies (1) of 1018

"Consequently, current holders of the company's equity securities are expected to lose substantially all of the value of their investment as a result of the restructuring" This line has got to be one of the classic financial revelations of all time. It has the quality of: "So isn't that great! Everything is coming up roses! Is there anything I forgot, Ed......? Oh, yeah, we're diluting our existing owners down to 0. Never did like those people very much anyway. Damn, I AM getting forgetful in my old age!" Namaste! Jim

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