You mean like Nortel? I bet this quarter their balance sheet will show they are already below their liabilities of $16,313,000,000. Here, take a look:
biz.yahoo.com
NT total assets: $21,137,000,000 NT Total liabilities: $16,313,000,000 NT delta: $4,824,000
Considering that Nortel has already warned for a sequential decline of 10% or more from the previous quarter, I can easily see them going below that figure.
On the other hand, here is LU: biz.yahoo.com
LU total assets: $30,199,000,000 LU Total liabilities: $17,734,000,000 LU delta: $12,465,000
Considering that Lucent will post an increase in sales, margins and bottom line improvement, unlike Nortel, I expect those number to be even better this quarter. Unlike Nortel.... |