Just an FYI folks. Investigate the differences between Chapter 7 and Chapter 11. In short, C-7 typically means that the overseeing judge creates a fire sale on all assets to pay off debt. C-11 (As in Adelphia's case) as most of you are aware, negotiated a $1.5b deal (Debt Possession - The banks probably took possesion of properties with enough subscriber count to act as collateral) with two NYC banks to keep their operating units afloat as they "Restructure" the organization.
I think great things shall emerge from this tragic event. With upgrades/rebuilds once again starting in a few months maybe, the additional revenue streams are extreme cream and won't be ignored.
Meanwhile, look at today's stock prices.....Whatever you do, don't sell!
> Oh well, it's a done deal now, chapter 11 for Adelphia that is. Could be good things coming out of this...stay tuned
