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To: Bill Harmond who wrote (24930)11/7/1998 3:54:00 PM
From: llamaphlegm  Respond to of 164684
 
<<< Then it would depend on whether the market thinks they're viable. If not they get
taken over, partially or entirely, like BN Online did, or die.>>>

at $200 mm -- that'll make a dent in the $500 mm principal they owe, to say nothing of the equity holders



To: Bill Harmond who wrote (24930)11/7/1998 4:07:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Then it would depend on whether the market thinks they're viable. If not they get taken
over, partially or entirely, like BN Online did, or die.

William,

We agree. Not necessarily on if the market will think they are viable. That is not the issue. We do agree on what will occur depending upon market perception. It felt good to agree with you:-)

Glenn


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