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


To: Larry S. who wrote (972)12/18/2001 3:27:10 PM
From: Sunny Jim  Read Replies (1) | Respond to of 1018
 
It simply tells you you are going to get the ____ diluted out of your stock and it will be worthless. And it also says that they consider chapter 11 one of their options, in which case they warn that the common stockholders will get zilch. I have never seen a more clear "you've been screwed" statement from a company. Here's the URL.

sec.gov

Face it, these guys will spend more time in court than they will running the business (until the business collapses).