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


To: Dale Baker who wrote (142)5/20/2003 2:22:14 AM
From: VBroady  Read Replies (1) | Respond to of 145
 
No one knows, it is a turkey shoot. I unfortunately still have half my shares, but hell they may go somewhere ...... I just assume that in BK that the #1 goal is to screw everyone, including common. I am sure there are those that will make money trading it .08-.30 while it sits in BK for a season or two. I don't know how they can 'get rid of their debt' w/o the common equity shareholders being the first to get screwed. Royce Holland won't come out and say he is trying to preserve equity. It could be another XO, or ...?