 tkdslr join:2004-04-24 Pompano Beach, FL Reviews:
·Speakeasy
| AT&T's liabilities are to high.. They're in the mist of a civil lawsuit, (illegal wiretaps), that could wipe out all shareholder equity.
They've already lost a number of key rulings. I suspect that this one is going to trial and will have major consequences (bankruptcy, new owners).
I doubt Charlie Ergen will settle for anything less than CASH on the barrel. That leaves AT&T getting it's funds in the debt markets. Unfortunately for AT&T, the new Creditors would have one of the weakest position possible, behind the plaintiffs. (Bad news.) |