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Technology Stocks : Allegiance Telecom (ALGX)
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To: VBroady who wrote (134)4/25/2003 3:50:28 AM
From: Dale Baker  Read Replies (1) of 145
 
Amazing so many people are holding with zero news so close to the deadline. I made some bucks on the bonds and retreated to the sidelines until a clear picture emerges.

If they recap successfully and wipe out the debt, I would consider taking a long position in the common. No idea if current common holders will get anything or not. The Yahoo thread also amazes me; thousands and thousands of speculative messages based on no hard information.

Some kind of mesmerizing cult perhaps.....
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