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 : Winstar Comm. (WCII)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bernard Levy who wrote (12316)3/9/2001 3:26:20 AM
From: limtex   of 12468
 
Bernard - Wini does have quite a bit of debt and we did get an announcement of potential sales without it being apparent that a sale has been concluded.

The timing of the two so close to eachother is curious.

Many of us thought that achieving EBITDA break even/positive would be enough to ensure the companpys future since it would have demonstrated its ability to become profitable and would get the nexessary support to get through to total profitability.

I'm not sure what to make of the company's announcement and how it affects the future.

Best regards,

L
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext