[geeks] Boy, am I glad I didn't switch to Cable modem service...

[Greg A. Woods]

[ On Sunday, December 2, 2001 at 15:17:40 (-0500), Ken Hansen wrote: ]
> Subject: Re: [geeks] Re: [rescue] Boy, am I glad I didn't switch to    Cable modem service...
>
> Well, $1B debt doesn't include any other obligations (like contracts for
> office space, employee severence packages, etc.), this is really what they
> owe "on their credit cards."
> 
> The $317M doesn't relate to much, maybe it is what AT&T has on hand
> (cash)... ;^)

It's probably more than what the assets are worth though -- even in
fully operational contition!

I don't remember if that deal specified whether any of the debt was to
be assumed or not....

-- 
							Greg A. Woods

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