PGEX Pacific Gateway Exchange,INC. Message Board

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Technology Stocks : PGEX Pacific Gateway Exchange,INC.

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To: JPhilipS who wrote (79)	1/2/2000 11:17:00 AM
From: Kingpin	Read Replies (1) of 95

Hey Mark, havent spoke to you since the old WCII days... Hope all is well... What is the deal with PGEX and 2000 estimates. Seems certain they are coming way down. But SB is holding the line saying its EBITDA that matters and not EPS. The 2.50 will likely be reduced by at least 2/3 when PGEX conforms to FASB standard regarding Fiber swaps. i am long a ton here and wondering if guidannce lower for 2000 isnt imminent. At which point everyone will overreact and send it lower. The Jeffries report of Nov 19 almost seems like they expect the company to go under. Of course they have already been wrong on the question of funding for year 2000, so who knows. Have you been following this company closely? Whats your take? KP

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