nanog mailing list archives
Re: Covad, Chapter 11 !
From: Leo Bicknell <bicknell () ufp org>
Date: Wed, 8 Aug 2001 11:12:58 -0400
On Wed, Aug 08, 2001 at 10:56:48AM -0400, up () 3 am wrote:
Although this may well ultimately prove true, people do realize that filing for chapter 11 is not synonymous with going out of business, right?
While not synonymous, they are very close for a tech company. Chapter 11 takes a long time, and during that time you don't get to upgrade your network or the like. Having a year of no upgrades in a network often leads to customers leaving. Just try to win any new business while in Chapter 11. Bottom line, if a tech company makes it through chapter 11, they are quite likely to come out very week, and very behind. Never say never, Covad could still go on to do wonderful things, but I think the odds are heavily stacked against them. -- Leo Bicknell - bicknell () ufp org Systems Engineer - Internetworking Engineer - CCIE 3440 Read TMBG List - tmbg-list-request () tmbg org, www.tmbg.org
Current thread:
- Covad, Chapter 11 ! Smith, Rick (Aug 08)
- Re: Covad, Chapter 11 ! Nathan Stratton (Aug 08)
- Re: Covad, Chapter 11 ! Wayne E. Bouchard (Aug 08)
- Re: Covad, Chapter 11 ! Nathan Stratton (Aug 08)
- Re: Covad, Chapter 11 ! Wayne E. Bouchard (Aug 08)
- Re: Covad, Chapter 11 ! deeann mikula (Aug 08)
- Re: Covad, Chapter 11 ! up (Aug 08)
- Re: Covad, Chapter 11 ! Leo Bicknell (Aug 08)
- Re: Covad, Chapter 11 ! deeann mikula (Aug 08)
- Re: Covad, Chapter 11 ! Steven J. Sobol (Aug 08)
- Re: Covad, Chapter 11 ! up (Aug 08)
- Re: Covad, Chapter 11 ! Mitch Halmu (Aug 08)
- Re: Covad, Chapter 11 ! Valdis . Kletnieks (Aug 08)
- Re: Covad, Chapter 11 ! Mitch Halmu (Aug 08)
- Re: Covad, Chapter 11 ! Jeff Mcadams (Aug 08)
- Re: Covad, Chapter 11 ! Steven J. Sobol (Aug 08)
- Re: Covad, Chapter 11 ! Brian Wallingford (Aug 08)
- Re: Covad, Chapter 11 ! Steven J. Sobol (Aug 08)
- Re: Covad, Chapter 11 ! Valdis . Kletnieks (Aug 08)
- Re: Covad, Chapter 11 ! Nathan Stratton (Aug 08)
- <Possible follow-ups>
- RE: Covad, Chapter 11 ! Roeland Meyer (Aug 08)