SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 34.14+1.5%12:46 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elmer who wrote (110515)9/21/2000 1:02:15 PM
From: GVTucker  Read Replies (2) of 186894
 
From the 26 June 2000 issue of Barron's:

Art Samberg (talking about MCLD): "Revenues of $1.1 billion will climb to $2.6 billion in 2002. EBITDA could go from $55 million to $505 million."

Note that Samberg stated that revenues will rise about 150% in the space of two years. Not could but will. This is clearly hyperbole.

EBITDA could rise more than 800%!?! Again, clearly hyperbole, and a number that will only be attainable if they can find a lot more financing, something that won't happen if the current environment toward CLECs doesn't change a lot.

And the stock in MCLD has declined 50% in the three short months since the story was published.

I guess Art should expect the SEC cops to be knocking on his door next.

[Note: This is sarcastic. Art is a good guy in this war. But he makes a good example here, nonetheless.]
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News