ANTEC Corp. (ANTC) Message Board

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Technology Stocks : ANTEC Corp. (ANTC)

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To: JCS who wrote (780)	12/21/2000 9:03:29 AM
From: nghi vu	Read Replies (1) of 847

well, I think it is a must for T to use the cash from the recent Docomo deal and the cut in dividend to get its balance sheet in order first, then it can budget for next year. The delay of taking in new inventories are the first step in getting the balance sheet under control to figure out how they can split up the company. The big problem T faced with the breakup plan has been how/where to allocate the debt of 65 billions(I think, wow!)so for sure the billions of inflows will be used to reduce debts first. Bottom line, they must spend to upgrade and to survive but short term, T is under siege to cut debt and do the stupid breakup thing first. I personally disagree with the breakup plan but who cares about my opinion :) The sooner T stop worrying about its balance sheet, the sooner it can REFOCUS on growth.

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