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

To: Softechie who wrote (769)11/29/2001 8:32:13 AM
From: James Calladine  Read Replies (2) | Respond to of 1018
 
The comment from briefing suggests current equity shareholders will lose ALL of their value, which suggests
that the impact of the new $800 mil will do just that.

In other words, the equivalent of Chapter 11.

I would expect the shares to go to ten to fifteen cents
real fast. Then to low single digit pennies.

Glad my fling with XOXO was brief. I believe in the company, actually, but the time for our romance to continue is later, much later.

Namaste!

Jim



To: Softechie who wrote (769)11/29/2001 11:02:48 AM
From: SecularBull  Read Replies (2) | Respond to of 1018
 
This is a packaged BK. Forstmann makes a killing.

It's the Golden Rule. The guy with the gold makes the rules.

~SB~


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