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

To: howp who wrote (653)	10/30/2001 5:21:32 PM
From: rrufff	Read Replies (1) \| Respond to of 1018

The key point is that McCaw is supporting the stock. Can't salvage his shares without salvaging all equity shares. Next key point is that the market is NOT supporting the debt. Debt can be paid off for pennies even without chapter 11. I see strength here in both points. No question the shorts control the trading. Long term I think a good play under a buck. If it survives, it's 2x to 10X.