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Technology Stocks : Telegroup Inc (TGRP)
TGRP 0.0450+62.5%Dec 30 2:28 PM EST

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To: Jason Flora who wrote (71)2/10/1999 7:20:00 PM
From: J. Nelson  Read Replies (1) of 118
 
Jayson: The reason for the debt quiz is that I, have seen firms come out better.

By this I'm saying the fear of chapter 11 was shock to investors in the early trading yet later on when the dust settled they did very get paid off. The key is the debt to asset value. I wonder if anyone from the company knows ?

A value of the customer list should be about 1.3 to 1.6 or more times the billing. With the contracts held by MCI etc there should be a quick white knight to take that out.

Well Good Luck to us on what ever they do.

Regards, God Bless
Jim...

P.S. Did anyone say what time this afternoon the anouncment was made to employees?
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