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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Byall who wrote (12431)4/17/2001 12:19:26 AM
From: Ken Muller  Read Replies (1) | Respond to of 12468
 
"WCII) today announced the Company did not make aggregate interest payments of approximately $75 million on its senior debt securities"

So this "well run company" failed to make even the first interest installment on it's restructured debt. So much for all the platitudes of Bill and Nate.



To: Bruce Byall who wrote (12431)4/18/2001 3:14:49 PM
From: John Lacelle  Respond to of 12468
 
Bruce,

I think they ought to just default the loans and go at it alone.

They got 900 million in cash...we still got game!

-John


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