Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (11356)	7/21/2002 9:55:23 AM
From: Joseph Silent	Read Replies (2) \| Respond to of 11568

JDN, Thanks. I fully understand that existing shareholders have an excellent chance of getting zilch, and also realize that a creditor-infested carnival would be going on indefinitely. I was trying to understand, in my own naive way :), what kind of reasoning would be going on (as crude as it may be now) in WCOM's mind, if it had even the slightest chance of surviving, if it can work itself out of a Chapter 11. I am assuming that the motivation for the DIP was partly a motivation for control and survival, instead of a total collapse.