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Technology Stocks : MONI - Marconi Nasdaq ADR -- Ignore unavailable to you. Want to Upgrade?


To: Carol M. Morse who wrote (119)4/30/2002 11:39:16 PM
From: elmatador  Read Replies (1) | Respond to of 129
 
"senior executives had been told to either produce a clear rescue plan or creditors would take over."

Creditors will take over. There is no longer a way to rescue Moni. Marconi was put together during the bubble to get someone like ALA or CSCO to buy it.

Bubble burst and the company can't survive on its own