yea, but they are still loosing money.
thestreet.com in which the street estimates they loose 6 cents a share.
And the parent is no better...
biz.yahoo.com with a 1 quarter loss of $1.7B.
Now wiht AWE faced with a $5.5B upgrade cost, loosing ARPU to $66.1, loosing 6 cents a share, and mother T loosing $7B a year, it won;t take long before both have spent the $10B you all gave them to throw away and they loose the $6.2B that NTT gave them, as well as all the money they can get from their banks and shareholders in the form of spinoffs.
At some point the banks, investment banks and other vultures will leave, and in a big hurry. CSFB, MSDW, and a few others are pumping this to get more of hte IPO fees, but when this wears off, they will drop this stock like a rock. And they won;t tell you before they go, they will sell off in an afternoon when you think it is going up.
Someday, the mangement of both T and AWE have to face the music and sell off the loosing biz and get down to a biz plan that makes profit.
How come these guys get to loose money and not make a profit when we all are killing off the dot coms for no profit?
The King has no clothes. |
