SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MTNT: Motient Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Harold who wrote (35)1/17/2002 8:27:31 PM
From: Dave Swanson  Read Replies (1) | Respond to of 55
 
As far as cashing in that's gotta be your own call. This
is
not chapter7, true bankrupcy, but hopefully a temporary
bump in the road while they work thru the financial
restructuring(chapter 11). obviuosly the word bankruptcy alone has driven the PPS down, and it may go further as
it will take some time for a successful completion, which
of course may not occur.
Very risky, IMO, but shares bought here or lower could be
very valuable should they come thru this.
If you can't afford to lose it all, you might wanna bail. I'm holding for now, and may add as I see how things go.
It used to be you could feel secure in parking money with ATT, etc, but not any more, look at ENRON.
Good luck



To: Harold who wrote (35)1/18/2002 1:04:30 AM
From: Dorine Essey  Respond to of 55
 
Harold,
I am also in MTNT and will wait to see the outcome. I feel that MTNT is a good Company caught in the distressed stock market and world problems. I am waiting it out. I have 5000 shares. No sense selling now. If things are no better at the end of the year, I will use them for tax loss against other gains.
Dorine
ps. Good luck
By the way, I did hold another stock that went bellyup like this and I sold. If I had hung in there, I would have my money back and then some.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News