SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Groundhog Day
QQQ 603.66-0.9%Nov 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (2069)4/22/2002 3:51:34 PM
From: Jorj X Mckie  Read Replies (1) of 6346
 
I'll bet you that the deal that WCOM puts on the table will bring their debt down to about $3.2B. They are going to go to their creditors and say "Look, 10 cents on the dollar is better than zero cents on the dollar". Then the question will be whether or not they can manage that $3.2B.

After they restructure their debt, we may see someone step in and take them over.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News