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Technology Stocks : XO Communications (XOXO) -- Ignore unavailable to you. Want to Upgrade?

To: Gary105 who wrote (246)7/29/2001 9:39:17 PM
From: Softechie  Respond to of 1018
 
Wrong again! CLEC sector has very negative sentiment currently with many that are going BK because of cash position and closed market funding. The curtain draws closer for Metromedia and it's pulling the sector down. Look across at these strong players GX LVLT MCLD XOXO and they're all down. This is getting like negative mania back with energy problems. Get the strong players now and you know you will make money in 12 months.



To: Gary105 who wrote (246)7/30/2001 11:12:16 AM
From: SecularBull  Read Replies (1) | Respond to of 1018
 
A McCaw or Forstmann bail-out makes sense from their perspectives. Better to keep the company (and their equity) afloat, than to let the other creditors end up with the lion-share.

~SB~


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