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Technology Stocks : Allegiance Telecom (ALGX)
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To: VBroady who wrote (143)5/20/2003 3:42:56 AM
From: Dale Baker  Read Replies (1) of 145
 
I would be very surprised to see the common worth anything once the final deal is done. If Royce had reached a deal with the banks by the deadline, then maybe, but now it's a food fight to grab whatever they can from each side.

Common holders are the little kids at the table in that situation. The big kids will elbow them out of the way.

Hope I am wrong for the sake of all the loyal common holders but sticking it out in this one was really not a good idea.
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