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Re: Covad, Chapter 11 !
On Wed, 8 Aug 2001, Wayne E. Bouchard wrote: > And just in case anyone is curious, this is a potential scenario for > many struggling telco startups. (Bankruptcy to clear debt and > eliminate interest payments so there there is at least a CHANCE to > pull ahead.) Yep, on top of that many companies that are bringing in some new money are buying back debt at pennies on the dollar and lowering their debt burden by quite a bit. Having said that I am still happy that I am not dependent on DSL, I also use T1 and frac T1 as last mile access technologies. ><> Nathan Stratton CTO, Exario Networks, Inc. [email protected] [email protected] http://www.robotics.net http://www.exario.net