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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Michael Hart who wrote (5682)3/9/1999 10:13:00 PM
From: BWAC  Read Replies (1) of 8358
 
To the Chapter 11 bunch: Please explain what the STOCK PRICE has to do with bankruptcy. Last I checked not one damn thing.

Bankruptcy is a function of debt. Excessive debt. And a cash flow positive company has absolutely no problem paying its debts. It doesn't matter if the stock price is 2 or 200.
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