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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (64467)12/15/2000 7:28:35 AM
From: whyretire  Read Replies (1) | Respond to of 122087
 
Watch IRSN today - their 35mm digital camera cartridge is announced at their website today. Could be an IPO to follow.



To: Anthony@Pacific who wrote (64467)12/15/2000 9:23:08 AM
From: StockDung  Read Replies (2) | Respond to of 122087
 
CYOE/DIANA CORP/Quentra Networks Inc says files Chapter 11. RIP

Quentra Networks says files Chapter 11

NEW YORK, Dec 15 (Reuters) - Telecommunications provider Quentra Networks Inc. (NasdaqNM:QTRA - news) on Friday said it had filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code.

``We have taken this step as part of an on-going effort to restructure and ultimately strengthen the company's financial condition,'' said Bruce Ballenger, Quentra's recently appointed chief executive.

Ballenger said Quentra would continue to maintain normal business operations. Its core business going forward will be the delivery of bundled e-commerce and telecom services, he said.

Quentra shares closed on Thursday at a 52-week low of 7/32 on Nasdaq. The stock's 12-month high is $14-1/2.

Quentra said it recently announced it had taken actions to significantly lower its operating expenses, including reducing its work force, primarily in retail and international telecom operations. It said it plans to consolidate the majority of its remaining operations and employees.

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