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Pastimes : Home on the range where the buffalo roam

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To: slacker711 who wrote (10605)	2/21/2001 4:38:22 PM
From: Raymond Duray	Read Replies (2) of 13572

Slacker, Hope we arent going to far afield....dont want to make this into the 300 hundredth Holy Wars thread <g>. We'll let Greg M. decide and give us the boot if he feels we're being to obnoxious. <g> In contrast, Sprint PCS will be moving to 1xrtt later this year. Today, DT and FT announced that they were shedding their interests in FON by the end of Q2 01. This ought to knock 40% or 50% off the market cap of FON. In view of this and the negative reaction we can expect from the bondsmen, do you think it is realistic that FON will move ahead on the timeframe you have proposed, or are they more likely to prefer to preserve cash? the only companies that are continuing to increase capex spending are wireless. FWIW, MCLD, which is not particularly a wireless play has been able to tap the junk bond market for $450MM early in January. Craig McLeod is a roll-up artist and this is what the market is looking for these days. forbes.com The other shop that did well in getting finance in January was XOXO. I am unaware of others. Do you have any names of any other wireless companies that have secured financing since the first of the year? Best, Ray :)

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