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Technology Stocks : Nuevo Grupo Iusacell (CEL)
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To: Rob Preuss who wrote (170)6/13/2003 6:16:54 PM
From: Dennis Roth   of 206
 
Verizon and Vodafone just wanted to be let of the hook for the $815 million debt. I don't see how Ricardo Salinas Pliego will make it work taking on that much debt. Verizon out more than a Billion $. Vodafone lost $ 973.4 million. and I lost some money on this turkey too. Luckly I sold nearly all my shares last year while they were still worth something. This company, like Leap Wireless, didn't grow fast enough to cover the debt.
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