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To: Chartgod who wrote (322)9/24/2000 9:42:32 PM
From: Captain Jack  Respond to of 335
 
James-- Thankfully I just had a little bit of this as I lost my butt here. A bit more than 50% but the $$ amount was not that much. We heard/read too much BS from the company to make good DD possible. OH well. I'm looking at LU and DOW they will not bring it all back in a week or month but should do well, still no reason to sell-- I'll just let it go to zero,,, If you find that miracle issue good for a fast run drop me a PM. I'm not too gun shy to bite another,,, LOL! And good luck!



To: Chartgod who wrote (322)9/26/2000 8:51:50 PM
From: Captain Jack  Read Replies (1) | Respond to of 335
 
Jim-- Can these crazy people believe they can keep it afloat awhile longer??????????/
Business Editors & High-Tech Writers

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Sept. 26, 2000--ICG
Communications, Inc. (Nasdaq:ICGX), a provider of network
infrastructure, facilities and management, announced today that a
Special Executive Committee of the Board of Directors, consisting
solely of outside directors, has appointed Randall E. Curran as chief
executive officer of ICG.
Curran succeeds Carl E. Vogel, who resigned last week as chairman
and chief executive officer. William S. Beans, Jr. will continue his
role as president and chief operating officer and director of the
company.
Curran most recently served as chairman, president and chief
executive officer of Thermadyne Holdings Corporation, which is based
in St. Louis. He had been with Thermadyne since 1987 where he held the
positions of chief operating officer and chief financial officer.
Curran began his career with Arthur Andersen. Next, he served as
director of Finance for McGraw Edison until its acquisition in 1983 by
Cooper Industries, and then as vice president of Finance for Clarke
Industries, a division of Cooper Industries.
"We are fortunate indeed to have been able to attract an executive
of Mr. Curran's caliber," said William J. Laggett, vice chairman of
the Board and chairman of the Special Executive Committee. "Mr.
Curran's reputation is outstanding, and many industry leaders cite his
valuable role in the successful restructuring of Thermadyne."
ICG also announced that it has engaged Wasserstein Perella & Co.
as an independent financial advisor and Zolfo Cooper, LLC, which
specializes in company turnarounds and restructuring, to assist Curran
and the Special Executive Committee. Under the direction of the
committee, the new advisors -- working in conjunction with management
and the company's existing financial advisor, Gleacher & Co. -- will
seek to bring stability to ICG in the near term and then focus on
maximizing the value of the company.

About ICG Communications

ICG Communications, Inc. is a fast-growing