Forum Archive Index - April 2001

["Colin Ross" <ceejaynz@xtra.co.nz>]

Thank you Mike, a lovely article. Just have to love this quotation


"Unfortunately, this industry looks at Chapter 11 as the problem and at
additional debt as the solution. Additional debt is never the solution for a
company that has too much debt. You can pray all you want, but the debt is
not going away."-----

Ceejay


Original Message -----
From: Mike Stoke <mike@stoke.co.nz>
To: Sharechat <sharechat@sharechat.co.nz>
Sent: Tuesday, April 03, 2001 10:58 AM
Subject: [sharechat] Telcos - Ravi Suria interview


> For you telco watchers who may not have come across this interview -
> very interesting discussion from the heart of the US finance industry
> looking at the capitalization of the telcoms business.
>
> Suria suggests that the capital base of the entire industry is unsound
> and deteriorating rapidly, and recommends re-regulation of the industry!
>
>
>
>


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