NAS filed chp 11
Steven J. Sobol
sjsobol at JustThe.net
Thu Jun 6 21:46:48 UTC 2002
On Thu, 6 Jun 2002, Dan Hollis wrote:
> > http://biz.yahoo.com/djus/020605/200206051047000419_1.html
>
> now someone will surely step up to the plate in their defence and rant
> about how this is all a good thing for NASC and how they will go on to
> reemerge next year as a lean, mean, bigger & better company.
I'm certainly a lot less worried than I would be if it was another
form of bankruptcy. Chapter 11 is a reorg, typically.
I won't say it's *good* for the company - and there are too many telecomm
firms filing bankruptcy these days anyhow. It might not be the end of the
world.
--
Steve Sobol, CTO JustThe.net LLC, Mentor On The Lake, OH 888.480.4NET
- I do my best work with one of my cockatiels sitting on each shoulder -
6/4/02:A USA TODAY poll found that 80% of Catholics advocated a zero-tolerance
stance towards abusive priests. The fact that 20% didn't, scares me...
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