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


To: sks1 who wrote (950)12/10/2001 1:51:45 PM
From: StormRider  Respond to of 1018
 
13:25 ET XO Comms (XOXO) : S&P downgrades company's credit rating to 'D'. Action follows announcement Nov. 29 of restructuring that would cause equity holders to lose substantially all of the value of their investment and company to default on scheduled interest and dividend payments. XOXO shares have been halted since Nov. 29. At this time, no indication of when trading will resume.

what a frickin joke...