[48543] in North American Network Operators' Group
Re: NAS filed chp 11
daemon@ATHENA.MIT.EDU (Steven J. Sobol)
Thu Jun 6 17:47:47 2002
Date: Thu, 6 Jun 2002 17:46:48 -0400 (EDT)
From: "Steven J. Sobol" <sjsobol@JustThe.net>
To: Dan Hollis <goemon@anime.net>
Cc: "Christopher X. Candreva" <chris@westnet.com>, <NANOG@merit.edu>
In-Reply-To: <Pine.LNX.4.44.0206061208000.15480-100000@sasami.anime.net>
Errors-To: owner-nanog-outgoing@merit.edu
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...