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 : 360Networks - TSX - TSIX

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Calladine who wrote (234)5/20/2001 9:54:05 PM
From: teevee   of 449
 
1) Do you think the controlling shareholder group have the ability to come up with the $300 mil in the time frame?

Absolutely. The major share holder group could easily write the check if need be. That is a big point here. These folks can underwrite the $300 million themselves if need be. That is a strong bargaining point with lenders and brokers.

2) What does the $300 mil do, and how much time does it buy before another transfusion is needed?

According to Maffei himself, the $300 million will carry the current 360 business plan through to profitability in 2002.

cheers,
teevee
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext