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Technology Stocks : 360Networks - TSX - TSIX
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To: Dan Hamilton who wrote (136)4/25/2001 2:38:03 PM
From: Dexter Lives On  Read Replies (1) of 449
 
IF they could make their 2001 sales target, the upside is huge in the common shares. The downside if they miss by a lot is probably whatever you put in. There is likely some middle ground where they slow the build and try to maximize revenues and minimize costs, but that would mean a slow rebound in equity and bond prices, imo.

I'm not sure the junk bond prices below 20 cents mean as much in this environment, but certainly the extreme speculative nature of the equity "bet" should be acknowledged.

Rob
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