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.
Technology Stocks : Allegiance Telecom (ALGX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FlameMe who wrote (118)11/28/2002 3:45:40 AM
From: Dale Baker  Read Replies (1) of 145
 
Looks like ALGX bought five months of breathing space; the PR on the debt extension sounds a lot like they will issue more equity then to retire some debt. Current shareholders will end up in a weaker position than before (ALGX can't sell bonds now so inevitable it will be preferred debt of some sort, probably a convertible).

If they make it through next year without totally collapsing, ALGX will be worth another look.

TWTC also shot up yesterday but their balance sheet is in excellent shape.
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