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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: changedmyname who wrote (11321)5/17/2001 4:22:01 PM
From: BWAC  Respond to of 15615
 
TSIX. I guess people don't realize they have 800 Million shares outstanding? And just see the $1 stock price instead?



To: changedmyname who wrote (11321)5/17/2001 5:13:45 PM
From: Bill Fischofer  Read Replies (2) | Respond to of 15615
 
I don't rejoice in anyone's misfortune. TSIX got caught short by the closing of the capital window, but they don't seem to me to be a write-off just yet. In fact, I'm researching their bonds as a possible speculative play. I wouldn't touch the equity but if the bonds are basically priced for default and they can make even one payment buyers should make out like bandits. I'll report what I discover when I complete my investigations.