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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: moufassa7 who wrote (2733)12/13/2001 5:07:41 PM
From: Mark Konrad  Read Replies (2) | Respond to of 13660
 
GX...respectfully disagree, Moufassa. Although declaring bankruptcy would not TECHNICALLY affect operations, there would be monumental damage done to credibility for future business. Many decision-makers instinctly abhor signing new contracts with bankrupt firms. No, the pressure is on GX to negotiate now and put the company's finances on firmer ground...or go the way of ENE. I agree that shareholders then become bagholders. All imo--MK--