WASHINGTON -- Network Access Solutions Corp. (NASC) and affiliate NASOP
Inc. filed for Chapter 11 bankruptcy protection from creditors.

The filing, made late Tuesday in the U.S. Bankruptcy Court in Wilmington , Del., listed assets of $58.2 million and
debts of $84.9 million. Under Chapter 11, companies can continue to operate, and try to work out their financial
problems under a court's watch.

The Herndon, Va., company, provides telecommunications services and Internet access to business customers. As
of March 31 , it offered communications services in nine markets and had 24,000 lines in service.

The company went public in June 1999 at $12 a share. Its shares last changed hands at two cents each.

w1ld: suprised they lasted this long

Network Access Solutions Files For Chapter 11 Protection

On June 10th, an eclipse1 of the Sun will be visible from eastern Asia, the Pacific Ocean and much of North America.

This eclipse is actually a special kind of partial eclipse called an annular eclipse. During an annular eclipse, the Moon passes directly in front of the Sun but is unable to completely cover it because the Moon's disk appears smaller than the Sun.

What it will look like from Nashville, TN
http://sunearth.gsfc.nasa.gov/eclipse/ASE2002/ASE2002city1/NashvilleTN.GIF

Partial Solar Eclipse of 2002 June 10

Let me get this straight. Ralph Nader (news - web sites) -- former presidential candidate (and close friend of Al Gore (news - web sites)), consumer crusader and political activist -- believes the way to bring Bill Gates (news - web sites) to his knees is for President Bush (news - web sites), in the guise of the Office of Management and Budget, to mandate that the government limit its purchases of Microsoft products.

In other words, spread the dollars around to Apple, IBM, Corel, Linux (news - web sites) firms and other manufacturers to encourage competition and get better pricing. Or as Nader himself told Reuters, "The only consumer in North America who can break up the Microsoft monopoly simply through purchasing strategies is the U.S. government."

Why Nader's Microsoft plan is flawed

According to the International Energy Agency, global oil production is set to peak in 2014. For many years now, researchers around the world have been striving to develop alternative methods of propulsion to ensure that mankind remains mobile irrespective of the state of the world's oil supplies. Some of the most promising reports from the field come from research engineers at DaimlerChrysler, who are intending to have a fuel cell auto ready for series production by 2004. The best thing about this item of news is that this car of the future will be every kilowatt as powerful as the ones we drive today, every bit as comfortable and just as much fun to drive.

The facts

To prove their point about the serviceability of fuel cell automobiles, DaimlerChrysler have now built NECAR (New Electric Car) 5. In this Mercedes-Benz A-Class the propulsion system fits neatly inside the sandwich floor, without compromising either seating or

luggage capacity. NECAR 5's 55 kW/75 bhp motor gives it a top speed of over 90 mph and a range of several hundred miles before it has to take more methanol on board.
In the global race to be first to market with a fully serviceable standard production fuel cell model, NECAR can safely be said to be leading the field. "We're aiming for market leadership in this sector as well," says Jürgen E. Schrempp, Chairman of the Board of Management of DaimlerChrysler. "We've got the technology on our side, we're securing the industrial property rights, and we're creating new jobs." At DaimlerChrysler and its partner companies in this venture, over a thousand people are already working flat out on the fuel cell project in Germany alone.

Go Mercedes!

Fuel Cell Technology on Mercedes Benz

Government technology officials, tired of security holes in Microsoft’s products, are discussing whether to use their collective purchasing power to force changes in the way the software giant does business. Their efforts got a boost Tuesday when consumer activist Ralph Nader joined the cause in a letter to the White House saying that changes in purchasing policy may be more effective and palatable to the administration than antitrust sanctions.

Nader joints anti-Microsoft push - Officials urge federal procurement action over security woes

See Fact File chart

Belle Meade, Tenn, 5th Wealthiest Community in the US.

A federal Bankruptcy Court judge in New York this morning approved a settlement between the Tennessee Titans and Adelphia Business Solutions Inc. that will remove the telecommunication company's name from the NFL team's home stadium in Nashville by the end of July.

Under the deal's terms, the 15-year, $30 million naming rights contract that the Titans and Adelphia Business Solutions signed in 1999 has been terminated. The Titans will forgive Adelphia Business Solutions a missed $500,000 sponsorship payment and relinquish any other claims on the company, which filed for bankruptcy protection on March 27.

w1ld: I think Scott's hex finally came true.

Adelphia name to come off stadium by end of July

DaimlerChrysler is struggling to satisfy demand for its new Mercedes E-Class and its Chrysler unit could post a profit this year if the U.S. upturn persists, the autos group chief said in remarks published on Saturday.

Mercedes E-Class demand soaring. - Jun. 1, 2002

Great places to play golf in Nashville

Best Nashville Public Golf Course

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