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Technology Stocks
METROMEDIA FIBER NETWORK (MFNX)
An SI Board Since October 1997
Posts SubjectMarks Bans Symbol
1983 61 0 MFNX
Emcee:  Capitalizer Type:  Unmoderated
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ReplyMessage PreviewFromRecsPosted
1708Please, do you think that anyone is going to lend them hundreds of millions if tKLH-8/23/2001
1707This is the way I interpreted what was said in the 10Q, though there was verbiagDennis O'Bell-8/23/2001
1706No, the liens are filed when the vendors are NOT getting paid. They aren't TheStockFairy-8/23/2001
1705I wouldn't say the business model was destined to fail. Any business model,MeDroogies-8/23/2001
1704MFNX management will rank as one of the most irresponsible teams ever. What werRajiv-8/23/2001
1703So, the 580 million dollar question is, will they opt for bankruptcy? Disconcersmet~ -8/22/2001
1702Yup, I'd concur. But......I've worked for companies with bizarre struMeDroogies-8/22/2001
1701<<Apparently, MFNX has a bizarre subsidiary structure which hamstrings proSawtooth-8/22/2001
1700I have said all along that the financing is in place, but that the structure of MeDroogies-8/22/2001
1699I agree, the liens were filed because certain vendors felt they might not get pasmet~ -8/22/2001
1698My understanding is that you're correct. Chap 11 doesn't protect the shMeDroogies-8/22/2001
1697Question for the board. If the company goes chapter 11 and emerges with some kiG. H.-8/22/2001
1696I don't think that these liens mean MFNX hasn't paid anybody, but ratherMeDroogies-8/22/2001
1695More news on financing effort:http://biz.yahoo.com/bw/010822/222053.htmlKLH-8/22/2001
1694I should have been more clear that it's a minuscule percentage of my accountDennis O'Bell-8/22/2001
1693>>Metromedia Fiber An Online Chat Star As Outlook Debated Dow Jones Newzebraspot-8/22/2001
1692My take is that the liens do represent a state of non-payment. Just what I'smet~ -8/21/2001
1691Right, but my question is...do the liens represent a state of non-payment, or juMeDroogies-8/21/2001
1690>>Thank heavens I have only a minuscule position left,<< At this pozebraspot-8/21/2001
1689Ever since Howard Finkelstein left, MFNX seems to have bungled their financial mDennis O'Bell-8/21/2001
1688I think it's because the total of the liens (20 mil) is above the ceiling alsmet~ -8/21/2001
1687I am not a lawyer, but MFNX's lending agreements presumably do not allow lieJames Calladine-8/21/2001
1686I'm not sure I understand this. Based on what is posted here, the filing ofMeDroogies-8/21/2001
1685Whoops smet~ -8/21/2001
1684ohhhhh damn--- Mitsubishi Elec Info Sues Metromedia Fiber For $115 Million WACurtis E. Bemis-8/21/2001
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