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Forums » Class Action Lawsuit Against Covad » Nail in the Cofffin?!?
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What REALLY REALLY irks me... »
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hernang7542
Helpless In The Face Of Your Beauty
Premium
join:2001-04-25
Wilmington, DE
clubs:

Re: Nail in the Cofffin?!?

In an ideal world (from Covad's perspective), they might come out victorious, but they're real enemy in this situation is time. Nothing drains funds quicker than a big, fat, juicy lawsuit that eats up lots of resources. If Covad was financially "stable", they could survive this with enough time and lawyers, but given their dilemma with just enough money to keep operating until 1st or 2nd quarter of 2002...

Just don't see how they can keep running and pay for all the litigation at the same time. Brace youreselves for a Chapter 11 announcement in the very near future if the courts allow the suit to go forward.
--
"All Sunshine and No Rain makes a Desert" -- Old Arab Proverb
permalink · 2001-06-27 11:47:09 · Print · Reply to this
Forums » Class Action Lawsuit Against CovadWhat REALLY REALLY irks me... »
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