Moufassa's Lair Message Board

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Strategies & Market Trends : Moufassa's Lair

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To: Tradelite who wrote (4413)	2/5/2002 12:18:02 PM
From: moufassa7	Read Replies (2) of 13660

NXTL has $15 bln. in debt with little or no earnings after debt service. Why would anyone be surprised by a share price meltdown. Ditto WCOM. This recession is forcing debt burdened companies to try to de-leverage. Sometimes, Chapter 11 is the only relief.

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