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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing! -- Ignore unavailable to you. Want to Upgrade?


To: Swamp Fox who wrote (3411)4/17/2001 12:00:06 PM
From: Hal Campbell  Read Replies (2) | Respond to of 4169
 
SFC, I admire your optimism as always, but my own WAG... I wouldn't expect much from this deal. I cannot imagine a weaker negotiating position than padlocked doors. Doubt that they got much of anything ....not even a news release....but something sure beats nothing.

Me, I am not too concerned about the bridge loan ...but a fellow AXC investor I know is VERY concerned.Please don't lose sleep though ....no stock is worth that. Those of us remaining will either be pleasantly surprised at some point - which would be a turning point in AXC history - or we will not. Either way, we'll survive.



To: Swamp Fox who wrote (3411)4/17/2001 5:34:11 PM
From: killybegs  Respond to of 4169
 
Bridge loan, in my opinion, is taken care of in any number of ways. By the way, bridge loans by their definition, are a made with a "bridge" to either more permanent financing or sale proceeds.

1. ADS sold...extend maturity 20 or 30 days to settlemen date.

2. Rollover short term financing into longer term sale-leaseback say with a 3 year maturity. They have already put preliminary construct on this in place per 10Q 3rd quarter.

3. Apply partial proceeds from sale of iNextv stake, if consummated.