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To: Perspective who wrote (22013)	9/27/2000 1:35:28 AM
From: Ken98	Respond to of 436258

BC, most of the Fiber Barons have fallen a lot: finance.yahoo.com Even WCOM has succombed, so I don't know if it is a WCG issue or it is endemic to the sector. It will be interesting to see if these guys cut their cap-x budgets going into next year.

To: Perspective who wrote (22013)	9/27/2000 7:25:57 AM
From: Oblomov	Respond to of 436258

BC, it's quite likely that TGNT will go bankrupt. Their working capital is dwindling rapidly, and their negative book value makes it unlikely that they will be bought out: siliconinvestor.com The risk of shorting it is that it has already dropped from 100 to 10 in anticipation of BK, so the upside risk is much higher at this point.