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


To: Tradelite who wrote (4413)2/5/2002 12:08:18 PM
From: marvin smith  Read Replies (1) | Respond to of 13660
 
its tempting here..in the light of ALL wirelss are off..so it not just a nxtl thing ..but u are right



To: Tradelite who wrote (4413)2/5/2002 12:18:02 PM
From: moufassa7  Read Replies (2) | Respond to of 13660
 
NXTL has $15 bln. in debt with little or no earnings after debt service. Why would anyone be surprised by a share price meltdown. Ditto WCOM. This recession is forcing debt burdened companies to try to de-leverage. Sometimes, Chapter 11 is the only relief.