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To: ild who wrote (173908)	6/19/2002 3:16:31 PM
From: reaper	Respond to of 436258

<<What do you mean when you say "isn't worth anything"? >> that it will trade at the same price as Exodus, mPower, Global Crossing, Enron, Metromedia Fiber, Sunbeam...... doesn't mean that the company or the assets aren't worth anything, just that the EQUITY isn't. bondholders will own T (the stub) in the end, and I frankly don't think the Comcast equity that you'll get is worth much more than half the current price. IMOO of course. Cheers