03-02-2005, 13:36
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#57
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Inactive
Join Date: Jun 2003
Location: Huthwaite, Nottinghamshire
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Posts: 4,536
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Re: ntl budget cutbacks
I wouldn't get too carried away with what seems at first glance to be the death knell for NTL. Don't forget that the bondholders have an immense amount of finance invested in the company and will not sit calmly back and watch it all go down the drain. NTLI shares are trading at just under $69 and rising. Reuters give it a very low risk grade http://investing.reuters.co.uk/Stock...boutRiskGrades
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