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Technology Stocks : Allegiance Telecom (ALGX) -- Ignore unavailable to you. Want to Upgrade?

To: FlameMe who wrote (103)6/25/2002 7:44:33 PM
From: AJ Berger  Respond to of 145
 
WCOM should be Bankrupt by Weekend

Just read tonights Fraud news on the Stock.

I wonder if ALGX can back out of it's $30mil WCOM Asset purchase.

It could probably get the same deal for $3 after the Banks liquidate

WCOM to recover a few cents on the dollar of the $30 Billion WCOM owes.



To: FlameMe who wrote (103)10/18/2002 10:32:56 PM
From: FlameMe  Read Replies (1) | Respond to of 145
 
the death spiral is sputtering. looks like algx might pull it out after all. wait for covenant renegotiation news and then buy like crazy. fundamentals are strong. regulatory environment is favorable. one year til fcf positive.


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