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To: Thomas Walker who wrote (10039)	5/13/2002 1:22:59 PM
From: KyrosL	Read Replies (2) \| Respond to of 11568

OK, temptation won one more time and I bought some MCIT down here. Stop is 1.97. Kyros

To: Thomas Walker who wrote (10039)	5/13/2002 1:27:13 PM
From: tejek	Respond to of 11568

I also see them buying different maturities of debt. The short term debt (due in the next 2 years or so) lessens the liquidity concerns. But, buying back the longer term debt that is discounted higher, lowers their overall debt picture. So if they had $2B to buy back debt, they could decrease the overall debt by about $3-4 billion, depending on how they split up buying it back. They probably need debt down to around $20-22B or less before people give them some slack and that could take quite awhile. What assets do you see them selling to reduce their debt as well? ted