http://gigaom.com/2005/03/30/dark-clouds-over-xo/ The Business of Technology Thu, 04 Dec 2008 23:20:32 +0000 http://wordpress.org/?v=MU hourly 1 http://gigaom.com/2005/03/30/dark-clouds-over-xo/#comment-9918 Om Malik Thu, 31 Mar 2005 15:31:20 +0000 http://gigaom.wordpress.com/2005/03/30/dark-clouds-over-xo/#comment-9918 very true that he owns much of the debt, but the funny thing is the declining revenues will prove to be a double whammy for him. anyone have an estimate on how much he owns as shares and debt? very true that he owns much of the debt, but the funny thing is the declining revenues will prove to be a double whammy for him. anyone have an estimate on how much he owns as shares and debt?

]]> http://gigaom.com/2005/03/30/dark-clouds-over-xo/#comment-9916 Rob Thu, 31 Mar 2005 13:11:39 +0000 http://gigaom.wordpress.com/2005/03/30/dark-clouds-over-xo/#comment-9916 Of course, one should realize that Icahn also holds 95% of the debt as well - yes the debt whose covenants were breached. He has the power to renegotiate the covenants all by himself. Ah what a tangled web... Of course, one should realize that Icahn also holds 95% of the debt as well - yes the debt whose covenants were breached. He has the power to renegotiate the covenants all by himself. Ah what a tangled web…

]]> http://gigaom.com/2005/03/30/dark-clouds-over-xo/#comment-9915 Om Malik Thu, 31 Mar 2005 05:05:38 +0000 http://gigaom.wordpress.com/2005/03/30/dark-clouds-over-xo/#comment-9915 telecom has taken many a few savvy investors for a ride and carl ichan is going to realize this the hard way unfortunately. lets see how it all works out telecom has taken many a few savvy investors for a ride and carl ichan is going to realize this the hard way unfortunately. lets see how it all works out

]]> http://gigaom.com/2005/03/30/dark-clouds-over-xo/#comment-9914 Parkite Thu, 31 Mar 2005 04:34:41 +0000 http://gigaom.wordpress.com/2005/03/30/dark-clouds-over-xo/#comment-9914 Interesting to see how this one works out......my bet is that the creditors will be amicable to a workout given that Icahn owns about 70% of the shares o/s. Interesting to see how this one works out……my bet is that the creditors will be amicable to a workout given that Icahn owns about 70% of the shares o/s.

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