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Technology Stocks : Winstar Comm. (WCII)
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To: limtex who wrote (12029)8/15/2000 12:30:44 PM
From: gruetz  Read Replies (1) of 12468
 
Remember, the advertising spending on Office.com is discretionary spending. BR can take it down to zero if he wants to either make EBITDA projections or exceed them. He would have been exceeding them if he was spending less on Office.com the last couple quarters. However, that would only have reduced EBITDA losses, not made them positive. As we get to the 4th quarter and first quarter next year, a reduction in Office.com expenditures could accelerate the transition to positive EBITDA,maybe by a quarter or two, if that is deemed desirable.
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