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Technology Stocks : Nextwave Telecom Inc. -- Ignore unavailable to you. Want to Upgrade?

To: DaveMG who wrote (826)	10/16/2002 7:58:37 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 1088

Dave, I forget the exact proportions, but ownership of the assets will go: Banks Senior Note Holders and unsecured creditors Shareholders I don't think there's much chance at all of shareholders getting anything. If the bond holders get anything they'll be lucky. The banks probably won't get all their money [though they might if they trade their way out of it - sales are going well]. Just some rough ideas there. I recommend checking the facts on creditor priority. Mqurice