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Technology Stocks : GX Investors Thread -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (406)10/11/2001 10:13:59 AM
From: Freedom Fighter  Read Replies (1) | Respond to of 586
 
There is on other thing to consider in this debt buyback issue. If GX eliminated a portion of its long term debt at huge discounts, even though it would burn up some cash short term, banks might be willing to extend it 'some' new credit because of the improved cash flow position. There might some point where it would be clear to the banks that the improved cash flow (yet lower cash balance) makes GX healthier.


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