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To: $Mogul who wrote (422)	7/24/2001 9:01:30 AM
From: hdl	Read Replies (1) \| Respond to of 449

if the lenders declare tsix dead on arrival and stop the bleeding by not letting it continue to operate, what will bondholders receive in an orderly liquidation?

To: $Mogul who wrote (422)	7/25/2001 4:38:32 AM
From: Marty Lee	Read Replies (1) \| Respond to of 449

does it follow? "Even then, the company faces the same fiber-optic glut and flat demand that forced it into bankruptcy. "The banks are looking for the most rational way to wind down the business, auction it off," a source said." Isn't this like saying that even if 360 has no long term debt, it will still remain unviable? Why then should anybody wish to buy its wares? If the remaining network is of no use to 360, why should it be of value to others? Marty

To: $Mogul who wrote (422)	7/26/2001 8:31:19 PM
From: LAURIE SELINE	Read Replies (1) \| Respond to of 449

Somebody on Stockhouse did a search on Leon Lazaroff and came up with "not much" on the author. Apparently, the official comment from 360 (or one of its subsidiaries) was that the article was entirely based on rumour. No matter. The piece had its effect. Problem these days is that a denial is as good as an admission. However, to my way of thinking, the South American stuff is false unless Leon knows something the courts don't. Regards, L.