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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (4763)	8/24/2001 3:14:36 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 10077

Did you see CNBC had one of the Sopranos on this morning jawboining with Kernan and Faber? Nowhere near a bottom yet.

To: Jorj X Mckie who wrote (4763)	8/24/2001 3:23:07 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 10077

Covad Communications Group, Inc. announced that 55% of its bondholders have signed lock-up agreements for the Company's pre-negotiated plan of reorganization. Among other things, the plan calls for senior noteholders to receive $283 million in cash as well as mandatorily convertible preferred stock with an aggregate liquidation preference of $100 million, in exchange for $1.4 billion in outstanding high yield debt. The Company further announced that it anticipates emerging from Chapter 11 protection by January 2002.

To: Jorj X Mckie who wrote (4763)	8/24/2001 4:38:30 PM
From: AugustWest	Read Replies (1) \| Respond to of 10077

As long as CNBC shows little musical acts, we are nowhere near a bottom. LOL, check out this guy's idea. I like it! Message 16249236