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Technology Stocks : GST Telecom (GSTX) 4th quarter earning
GSTX 0.0003000.0%Oct 30 2:51 PM EST

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To: Rob Preuss who wrote (330)3/23/2000 11:51:00 AM
From: MangoBoy  Read Replies (1) of 369
 
From CC:

- GST has hired Deloitte and SSB to review strategic and financing alternatives going forward.

- The accounting changes have no economic or cash impact.

- Cash on hand: $118M (then add $75M for Hawaii ops, other asset sales, ('imminent'?) vendor financing, and perhaps equity placement via SSB).

- Shareholders 'will be pleased' with sale price for Hawaiian assets.

- Next round of financing ('this year') will be last needed to carry company forward to free cash flow.

- Incredibly robust metropolitan fiber networks w/ mature ATM and SS7 capability. Will be a focus area for growth (DSL, etc.)

- Five year business plan to be presented 'late spring', 'May'.

GSTX conf. replay 1-800-633-8625 res. # 147-05636
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