They haven't gone under.  They will not probably actually go under for many
months.  They claim they have enough cash to make it until next June.

Tom Veldhouse

----- Original Message -----
From: "Ben Kochie" <ben at nerp.net>
To: <tclug-list at mn-linux.org>
Sent: Wednesday, August 08, 2001 3:00 PM
Subject: Re: [TCLUG] Bye-bye Covad


> -----BEGIN PGP SIGNED MESSAGE-----
>
> haha.. I saw a covad van driving by the U of M today.. I think chewie said
> something about "didn't those guys go under?"  "maybe that's why he's
> driving so fast"
>
> Thank You,
>         Ben Kochie (ben at nerp.net)
>
>  "Unix is user friendly, Its just picky about its friends."
>
> On Tue, 7 Aug 2001, Bob Tanner wrote:
>
> > SANTA CLARA, Calif. (Reuters) - High-speed Internet access provider
Covad
> > Communications Group Inc. COVD.OB said on Tuesday it expects to
voluntarily file
> > for bankruptcy protection by mid-August as part of a plan being
negotiated with
> > bondholders to eliminate its $1.4 billion debt load.
> >
>
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