Top-News
XOXO trading halted, hat jemand news? o.T.
Beiträge:
31
Zugriffe: 728 / Heute: 1
Zugriffe: 728 / Heute: 1
Nasdaq requests more information from XO
11/29/2001 6:19:00 PM
NEW YORK, Nov 29 (Reuters) - The Nasdaq National Market on Thursday said it changed the trading status on voice
and data services company XO Communications Inc. (XOXO) from "news pending," and requested more information.
Earlier on Thursday, XO said Mexican telecommunications company Telefonos de Mexico SA de CV (TMX) (TELMEXL) and buyout firm Forstmann Little plan to invest $800 million to take control of the company.
Shares of Reston, Virginia-based XO have lost 94 percent this year and closed Wednesday at $1.03. Trading in the
stock had been halted on Thursday for the news announcement.
11/29/2001 6:19:00 PM
NEW YORK, Nov 29 (Reuters) - The Nasdaq National Market on Thursday said it changed the trading status on voice
and data services company XO Communications Inc. (XOXO) from "news pending," and requested more information.
Earlier on Thursday, XO said Mexican telecommunications company Telefonos de Mexico SA de CV (TMX) (TELMEXL) and buyout firm Forstmann Little plan to invest $800 million to take control of the company.
Shares of Reston, Virginia-based XO have lost 94 percent this year and closed Wednesday at $1.03. Trading in the
stock had been halted on Thursday for the news announcement.
Und noch ein interessanter Artikel
TheStreet.com - Wrong!
Coming Soon: More Vanishing Acts, Starring Your Capital
Global Crossing and McLeod are the next two companies most likely to disappear a la XO Communications.
By James J. Cramer
Global Crossing (NYSE: GX - news) and McLeod (Nasdaq: MCLD - news) are both in the exact same boat as XO Communications (Nasdaq: XOXO - news) .
ADVERTISEMENT
They are worthwhile companies with too much debt. If they had no debt, their common stocks would be buys.
But they have tons of debt, so their common stocks are sells. One day we will come in and they will do just what XOXO did -- vanish. If you owned XOXO on Tuesday of this week, you thought you had a dollar.
You thought wrong. You had nothing.
I think Global and McLeod have to do the same thing. In fact, those situations are worse than XOXO's.
Until it happens, you can trade them all you want. You have to understand that owning these stocks right now is simply the exact same thing as playing musical chairs -- except in the end they take all the chairs away, perhaps in the middle of the night when you can do nothing about it.
The fact that these companies haven't said anything about this is totally understandable: They hope they make it. I hope they make it. I hope the Eagles make the Super Bowl. I hope for world peace.
After Enron (NYSE: ENE - news) , though, I am redoubling my efforts to try to get people out of stocks that I believe will vanish with your capital, no matter how little capital is left.
McLeod and Global are two such situations.
Meiner Meinung nach werden nach der Enron Pleite jetzt einige "Pleitekandidaten" a la XOXO, GX (wollte vor kurzem noch rein...), McLeod und Konsorten intensiv analysiert und es gibt bald einige mehr Chapter 11
Fälle.
Außerdem einige P/E`s:
sunw 170, jnpr 158, ebay 215, cien 160, aol 84...), also auf Put`s nicht ganz vergessen.
mfg
füxlein
TheStreet.com - Wrong!
Coming Soon: More Vanishing Acts, Starring Your Capital
Global Crossing and McLeod are the next two companies most likely to disappear a la XO Communications.
By James J. Cramer
Global Crossing (NYSE: GX - news) and McLeod (Nasdaq: MCLD - news) are both in the exact same boat as XO Communications (Nasdaq: XOXO - news) .
ADVERTISEMENT
They are worthwhile companies with too much debt. If they had no debt, their common stocks would be buys.
But they have tons of debt, so their common stocks are sells. One day we will come in and they will do just what XOXO did -- vanish. If you owned XOXO on Tuesday of this week, you thought you had a dollar.
You thought wrong. You had nothing.
I think Global and McLeod have to do the same thing. In fact, those situations are worse than XOXO's.
Until it happens, you can trade them all you want. You have to understand that owning these stocks right now is simply the exact same thing as playing musical chairs -- except in the end they take all the chairs away, perhaps in the middle of the night when you can do nothing about it.
The fact that these companies haven't said anything about this is totally understandable: They hope they make it. I hope they make it. I hope the Eagles make the Super Bowl. I hope for world peace.
After Enron (NYSE: ENE - news) , though, I am redoubling my efforts to try to get people out of stocks that I believe will vanish with your capital, no matter how little capital is left.
McLeod and Global are two such situations.
Meiner Meinung nach werden nach der Enron Pleite jetzt einige "Pleitekandidaten" a la XOXO, GX (wollte vor kurzem noch rein...), McLeod und Konsorten intensiv analysiert und es gibt bald einige mehr Chapter 11
Fälle.
Außerdem einige P/E`s:
sunw 170, jnpr 158, ebay 215, cien 160, aol 84...), also auf Put`s nicht ganz vergessen.
mfg
füxlein
unter finance.yahoo.com bid/ask jetzt bei 0.75/0.79
füxlein
füxlein
XOXO Trading has halted for this security
auch recht, obwohl man sich sonst auf die kurse bei yahoo verlassen kann.
füxlein
füxlein
dann waere ich aber echt sauer.
Monday December 3, 7:52 am Eastern Time
TheStreet.com - Wrong!
Coming Soon: More Vanishing Acts, Starring Your Capital
Global Crossing and McLeod are the next two companies most likely to disappear a la XO Communications.
By James J. Cramer
Global Crossing (NYSE: GX - news) and McLeod (Nasdaq: MCLD - news) are both in the exact same boat as XO Communications (Nasdaq: XOXO - news) .
They are worthwhile companies with too much debt. If they had no debt, their common stocks would be buys.
But they have tons of debt, so their common stocks are sells. One day we will come in and they will do just what XOXO did -- vanish. If you owned XOXO on Tuesday of this week, you thought you had a dollar.
You thought wrong. You had nothing.
I think Global and McLeod have to do the same thing. In fact, those situations are worse than XOXO's.
Until it happens, you can trade them all you want. You have to understand that owning these stocks right now is simply the exact same thing as playing musical chairs -- except in the end they take all the chairs away, perhaps in the middle of the night when you can do nothing about it.
The fact that these companies haven't said anything about this is totally understandable: They hope they make it. I hope they make it. I hope the Eagles make the Super Bowl. I hope for world peace.
After Enron (NYSE: ENE - news) , though, I am redoubling my efforts to try to get people out of stocks that I believe will vanish with your capital, no matter how little capital is left.
McLeod and Global are two such situations.
Gruß Dr. Broemme
TheStreet.com - Wrong!
Coming Soon: More Vanishing Acts, Starring Your Capital
Global Crossing and McLeod are the next two companies most likely to disappear a la XO Communications.
By James J. Cramer
Global Crossing (NYSE: GX - news) and McLeod (Nasdaq: MCLD - news) are both in the exact same boat as XO Communications (Nasdaq: XOXO - news) .
They are worthwhile companies with too much debt. If they had no debt, their common stocks would be buys.
But they have tons of debt, so their common stocks are sells. One day we will come in and they will do just what XOXO did -- vanish. If you owned XOXO on Tuesday of this week, you thought you had a dollar.
You thought wrong. You had nothing.
I think Global and McLeod have to do the same thing. In fact, those situations are worse than XOXO's.
Until it happens, you can trade them all you want. You have to understand that owning these stocks right now is simply the exact same thing as playing musical chairs -- except in the end they take all the chairs away, perhaps in the middle of the night when you can do nothing about it.
The fact that these companies haven't said anything about this is totally understandable: They hope they make it. I hope they make it. I hope the Eagles make the Super Bowl. I hope for world peace.
After Enron (NYSE: ENE - news) , though, I am redoubling my efforts to try to get people out of stocks that I believe will vanish with your capital, no matter how little capital is left.
McLeod and Global are two such situations.
Gruß Dr. Broemme
Wenn die nur die Konkursmasse aufkaufen, gucken die Aktionäre trotzdem in die Röhre!
Gruß Dr. Broemme
Gruß Dr. Broemme
daher der Name Hutchison Global Crossing
Da ist nichts mehr zu holen. Die sind pleite !
Totalverlust. Hatte auch 1250 Stück. Glaube
nicht das der Handel wieder aufgenommen wir. Was
meint Ihr ?
Gruss Powerbroker
Totalverlust. Hatte auch 1250 Stück. Glaube
nicht das der Handel wieder aufgenommen wir. Was
meint Ihr ?
Gruss Powerbroker
McLeod sind die nächsten !!!!!!
Monday December 3, 9:45 pm Eastern Time
McLeodUSA restructures, may file for bankruptcy
(adds details throughout
CEDAR RAPIDS, Iowa, Dec. 3 (Reuters) - Local telephone and data services provider
McLeodUSA Inc. (NasdaqNM:MCLD - news) on Monday announced a restructuring plan
to reduce its debt but warned it may seek Chapter 11 bankruptcy protection.
The firm said investment firm Forstmann Little would buy its telephone
directory publishing unit for $535 million and invest $100 million in the
firm.
McLeodUSA said it will also make an offer under which its
publicly-traded bonds will be tendered in exchange for at least $560
million in cash, plus about 14 percent of its common stock after the
recapitalization is complete.
But the firm said that it may pursue a Chapter 11 bankruptcy filing to retire
all its outstanding bond issues. In such an event, only the holding company
McLeodUSA Inc. would be included in the filing, it said. Its operating
subsidiaries, including McLeodUSA Telecommunications, McLeodUSA
Publishing and ICTC, would be excluded, it said.
The sale of its publishing arm to Forstmann would provide cash for the bond tender, McLeodUSA said.
The Cedar Rapids, Iowa-based company said the financial restructuring plan, which is subject to agreement with the
McLeodUSA bondholders and other security holders, would eliminate at least 95 percent of its $2.9 billion of bond debt and
the associated $300 million of annual interest expense.
Forstmann also agreed to convert its existing preferred stock into common stock after the recapitalization, which is expected to
be completed during the first or second quarter of next year. Buyout firm Forstmann would own about 45 percent of the the
firm's stock after the deal is completed, McLeodUSA said.
The firm said its restructuring as well its potential bankruptcy filing would have no impact on its employees, suppliers and
customers.
McLeodUSA also said it had reached an agreement with its lenders to amend its $1.3 billion senior credit facility to allow it to
use the cash from the sale of its publishing business to retire its outstanding bond debt.
McLeodUSA also said it had agreed with its lenders to reduce its current revolver by $140 million and offer for sale its Illinois
Consolidated Telephone Company regulated incumbent local exchange subsidiary, subject to the completion of the
recapitalization.
The company said it expected to sell the local exchange within 14 months after the recapitalization and would use up to $225
million of the amount from that sale to reduce its term loan commitments.
Gruß Dr. Broemme
McLeodUSA restructures, may file for bankruptcy
(adds details throughout
CEDAR RAPIDS, Iowa, Dec. 3 (Reuters) - Local telephone and data services provider
McLeodUSA Inc. (NasdaqNM:MCLD - news) on Monday announced a restructuring plan
to reduce its debt but warned it may seek Chapter 11 bankruptcy protection.
The firm said investment firm Forstmann Little would buy its telephone
directory publishing unit for $535 million and invest $100 million in the
firm.
McLeodUSA said it will also make an offer under which its
publicly-traded bonds will be tendered in exchange for at least $560
million in cash, plus about 14 percent of its common stock after the
recapitalization is complete.
But the firm said that it may pursue a Chapter 11 bankruptcy filing to retire
all its outstanding bond issues. In such an event, only the holding company
McLeodUSA Inc. would be included in the filing, it said. Its operating
subsidiaries, including McLeodUSA Telecommunications, McLeodUSA
Publishing and ICTC, would be excluded, it said.
The sale of its publishing arm to Forstmann would provide cash for the bond tender, McLeodUSA said.
The Cedar Rapids, Iowa-based company said the financial restructuring plan, which is subject to agreement with the
McLeodUSA bondholders and other security holders, would eliminate at least 95 percent of its $2.9 billion of bond debt and
the associated $300 million of annual interest expense.
Forstmann also agreed to convert its existing preferred stock into common stock after the recapitalization, which is expected to
be completed during the first or second quarter of next year. Buyout firm Forstmann would own about 45 percent of the the
firm's stock after the deal is completed, McLeodUSA said.
The firm said its restructuring as well its potential bankruptcy filing would have no impact on its employees, suppliers and
customers.
McLeodUSA also said it had reached an agreement with its lenders to amend its $1.3 billion senior credit facility to allow it to
use the cash from the sale of its publishing business to retire its outstanding bond debt.
McLeodUSA also said it had agreed with its lenders to reduce its current revolver by $140 million and offer for sale its Illinois
Consolidated Telephone Company regulated incumbent local exchange subsidiary, subject to the completion of the
recapitalization.
The company said it expected to sell the local exchange within 14 months after the recapitalization and would use up to $225
million of the amount from that sale to reduce its term loan commitments.
Gruß Dr. Broemme
Heute hat es McLeod erwischt. Gestern noch ausgestiegen !!!!!!
Wer sit der nächste ?
Wer sit der nächste ?
bid/ask laut yahoo bei 0,85/0,79, aber noch kein Kurs
heute nochmal ausgesetzt?
füxlein
heute nochmal ausgesetzt?
füxlein
100 stck gehandelt, aber das war wohl vom letzten trade.
habe leider keine info, denke aber das xoxo noch nicht gehandelt wird.
habe leider keine info, denke aber das xoxo noch nicht gehandelt wird.
Werden am Montag 17,12,2001 wieder am OTCBB gehandelt.
XO COMMUNICATIONS ANNOUNCES IT EXPECTS STOCK WILL BEGIN TRADING ON THE NASD OVER THE COUNTER BULLETIN BOARD ON MONDAY DECEMBER 17, 2001
RESTON, VA - XO Communications, Inc. today announced that is has requested to voluntarily delist its stock from the NASDAQ National Market and currently expects that it will begin trading on the NASD Over the Counter Bulletin Board on Monday, December 17 under the symbol (OTCBB:XOXO).
Trading of XO stock on the NASDAQ National Market was halted by NASDAQ on November 29th following XO's announcement that its board had approved a preliminary agreement with Forstmann Little and Télefonos de México S.A. de C.V. in which each company would invest $400 million or a total of $800 million in exchange for new equity in XO. As described in that announcement and XO's filings with the Securities and Exchange Commission, the investment is conditioned upon XO successfully completing a restructuring of its existing balance sheet and receipt of regulatory approvals.
For more information contact:
Todd Wolfenbarger / XO Communications
Media and Industry Analysts
703-547-2011
Lisa Miles / XO Communications
Financial Analysts
703-547-2440
XO COMMUNICATIONS ANNOUNCES IT EXPECTS STOCK WILL BEGIN TRADING ON THE NASD OVER THE COUNTER BULLETIN BOARD ON MONDAY DECEMBER 17, 2001
RESTON, VA - XO Communications, Inc. today announced that is has requested to voluntarily delist its stock from the NASDAQ National Market and currently expects that it will begin trading on the NASD Over the Counter Bulletin Board on Monday, December 17 under the symbol (OTCBB:XOXO).
Trading of XO stock on the NASDAQ National Market was halted by NASDAQ on November 29th following XO's announcement that its board had approved a preliminary agreement with Forstmann Little and Télefonos de México S.A. de C.V. in which each company would invest $400 million or a total of $800 million in exchange for new equity in XO. As described in that announcement and XO's filings with the Securities and Exchange Commission, the investment is conditioned upon XO successfully completing a restructuring of its existing balance sheet and receipt of regulatory approvals.
For more information contact:
Todd Wolfenbarger / XO Communications
Media and Industry Analysts
703-547-2011
Lisa Miles / XO Communications
Financial Analysts
703-547-2440
XO Communications Misled Investors According to Class Action Suit Filed by Weinstein Kitchenoff Scarlato & Goldman Ltd
PHILADELPHIA, Dec. 18 /PRNewswire/ -- Weinstein Kitchenoff Scarlato & Goldman Ltd. announces that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased shares of the common stock of XO Communications, Inc. (Nasdaq: XOXO), between April 4, 2001 and November 29, 2001 (the "Class Period").
The complaint charges XOXO and Daniel F. Akerson, XOXO's Chief Executive Officer and Chairman of the Board of Directors, Nathaniel A. Davis, its President, Chief Operating Officer and Director, and Craig O. McCaw, the Company's founder, controlling shareholder, and Director ("defendants") with violating the federal securities laws by, among other things, issuing false and misleading statements regarding XOXO's financial condition as well as its present and future business operations.
The Complaint alleges that defendants misled the investing public concerning the Company's ability to finance its business operations until it would be cash-flow positive. Throughout the Class Period, defendants stated that XOXO had sufficient cash to survive at least into mid-2003 without the need for further financing. These statements were false, and on November 29, 2001, defendants announced a transaction where the shareholders' equity was destroyed in exchange for a cash infusion of $800 million. Trading in the Company's stock was quickly halted.
The lawsuit seeks to recover losses suffered by investors who purchased the Company's stock during the Class Period at artificially inflated prices.
The attorneys at Weinstein Kitchenoff Scarlato & Goldman Ltd. (www.wksg.com) of Philadelphia, PA are experienced in representing defrauded investors in class actions in courts throughout the United States. Weinstein Kitchenoff Scarlato & Goldman Ltd. has achieved a total of more than $1 billion in recoveries for investors, consumers, and other victims of unlawful conduct.
Shareholders who purchased XOXO common stock who are interested in serving as a Lead Plaintiff in this action may contact Kellie A. Allen, Esquire, or Andrew P. Henry, Esquire, toll free at (888) 545-7201 or by e-mail at allen@wksg.com or henry@wksg.com, to learn more about the role of a Lead Plaintiff in this securities class action.
MAKE YOUR OPINION COUNT - Click Here
tbutton.prnewswire.com/prn/11690X17488442
/CONTACT: Kellie A. Allen, Esquire, allen@wksg.com, or Andrew P. Henry, Esquire, henry@wksg.com, +1-888-545-7201, both of Weinstein Kitchenoff Scarlato & Goldman Ltd./
Aktuell in USA stehen sie bei 0,104 $, hier bei uns bei 0,12 ?. Was denkt Ihr, Abstauberlimit bei 0,07 könnte greifen? Oder sind die schon so kaputt, dass da gar nix mehr geht (Totalverlust zu 99,99% wahrscheinlich)?
Gr., ZN
PHILADELPHIA, Dec. 18 /PRNewswire/ -- Weinstein Kitchenoff Scarlato & Goldman Ltd. announces that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased shares of the common stock of XO Communications, Inc. (Nasdaq: XOXO), between April 4, 2001 and November 29, 2001 (the "Class Period").
The complaint charges XOXO and Daniel F. Akerson, XOXO's Chief Executive Officer and Chairman of the Board of Directors, Nathaniel A. Davis, its President, Chief Operating Officer and Director, and Craig O. McCaw, the Company's founder, controlling shareholder, and Director ("defendants") with violating the federal securities laws by, among other things, issuing false and misleading statements regarding XOXO's financial condition as well as its present and future business operations.
The Complaint alleges that defendants misled the investing public concerning the Company's ability to finance its business operations until it would be cash-flow positive. Throughout the Class Period, defendants stated that XOXO had sufficient cash to survive at least into mid-2003 without the need for further financing. These statements were false, and on November 29, 2001, defendants announced a transaction where the shareholders' equity was destroyed in exchange for a cash infusion of $800 million. Trading in the Company's stock was quickly halted.
The lawsuit seeks to recover losses suffered by investors who purchased the Company's stock during the Class Period at artificially inflated prices.
The attorneys at Weinstein Kitchenoff Scarlato & Goldman Ltd. (www.wksg.com) of Philadelphia, PA are experienced in representing defrauded investors in class actions in courts throughout the United States. Weinstein Kitchenoff Scarlato & Goldman Ltd. has achieved a total of more than $1 billion in recoveries for investors, consumers, and other victims of unlawful conduct.
Shareholders who purchased XOXO common stock who are interested in serving as a Lead Plaintiff in this action may contact Kellie A. Allen, Esquire, or Andrew P. Henry, Esquire, toll free at (888) 545-7201 or by e-mail at allen@wksg.com or henry@wksg.com, to learn more about the role of a Lead Plaintiff in this securities class action.
MAKE YOUR OPINION COUNT - Click Here
tbutton.prnewswire.com/prn/11690X17488442
/CONTACT: Kellie A. Allen, Esquire, allen@wksg.com, or Andrew P. Henry, Esquire, henry@wksg.com, +1-888-545-7201, both of Weinstein Kitchenoff Scarlato & Goldman Ltd./
Aktuell in USA stehen sie bei 0,104 $, hier bei uns bei 0,12 ?. Was denkt Ihr, Abstauberlimit bei 0,07 könnte greifen? Oder sind die schon so kaputt, dass da gar nix mehr geht (Totalverlust zu 99,99% wahrscheinlich)?
Gr., ZN
oder ich kann gar kein englisch mehr. steht da nichtw as von einer sammelklage wegen betrug ?
gruss jack
gruss jack
ausserdem mehr als 1 Milliarde $ Schdenersatzforderung. Ausgang ist aber absolut ungewiss. Ist natürlich ein Wahnsinnsrisiko, aber wenn ich mir die gehandelten Stücke in USA ansehe, für die immer noch Geld bezahlt wird, könnte da doch was zu machen sein, oder?
anderen. für dieses jahr kein streß mehr. gruss ajck
Es gibt keine neuen Beiträge.
