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

To: Jorj X Mckie who wrote (5017)	8/29/2001 12:19:15 PM
From: Alan Smithee	Respond to of 10077

Covad Files Plan Covad Communications Group, Inc. announced it has filed its Plan of Reorganization and related Disclosure Statement with the U.S. Bankruptcy Court. As previously announced, holders of a majority of Company bonds have agreed in writing to vote in favor of the Plan. "The filing of these documents is a milestone for Covad as it brings the company closer to eliminating its $1.4 billion in long-term debt," commented Charles E. Hoffman, president and chief executive officer.