nanog mailing list archives
Re: Covad, Chapter 11 !
From: Nathan Stratton <nathan () robotics net>
Date: Wed, 8 Aug 2001 10:45:15 -0400 (EDT)
On Wed, 8 Aug 2001, Smith, Rick wrote:
Just found this... http://www.internetweek.com/story/INW20010807S0008
As someone who has 14 DS3s into their network I think this is very good news. Covad was crushed with $160 million a year payments on $1.3 billion in debt. That now all gets converted into common stock (sucks for common shareholders) and everything is reset. This lowers cash needed to break even down to $200 million from $400 million. -Nathan
Current thread:
- Covad, Chapter 11 ! Smith, Rick (Aug 08)
- Re: Covad, Chapter 11 ! Nathan Stratton (Aug 08)
- Re: Covad, Chapter 11 ! Wayne E. Bouchard (Aug 08)
- Re: Covad, Chapter 11 ! Nathan Stratton (Aug 08)
- Re: Covad, Chapter 11 ! Wayne E. Bouchard (Aug 08)
- Re: Covad, Chapter 11 ! deeann mikula (Aug 08)
- Re: Covad, Chapter 11 ! up (Aug 08)
- Re: Covad, Chapter 11 ! Leo Bicknell (Aug 08)
- Re: Covad, Chapter 11 ! deeann mikula (Aug 08)
- Re: Covad, Chapter 11 ! Steven J. Sobol (Aug 08)
- Re: Covad, Chapter 11 ! up (Aug 08)
- Re: Covad, Chapter 11 ! Mitch Halmu (Aug 08)
- Re: Covad, Chapter 11 ! Valdis . Kletnieks (Aug 08)
- Re: Covad, Chapter 11 ! Mitch Halmu (Aug 08)
- Re: Covad, Chapter 11 ! Valdis . Kletnieks (Aug 08)
(Thread continues...)
- Re: Covad, Chapter 11 ! Nathan Stratton (Aug 08)