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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: SecularBull who wrote (3020)7/30/2001 11:04:55 PM
From: flint  Read Replies (2) of 3873
 
Lets use Crowe's number because I know if I do not of course I am lying scum that should be sued. Also Crowe has never been wrong.

Crowe said he had a $500 million dollar cushion. But wait that was when he was going to expand his staff to meet the growing revenue needs. He just recently cut 25% of his staff - just 2 months after stating he will be increasing his staff.

So we had the short fall the past 2 quarters. We apparently have somewhere between a 25% and 35% short fall the next 2 quarters. 2 quarters at a 20% shortfall. 2 quarters at a 30% shortfall. For kicks lets pretend we do not go from 30% shortfall to 0% in one quarter. I think it safe to say 10% for 2 more quarters.We are up to 120% shortfall. Over the next 18 months the expected revenue per quarter is expected to average around $600 million per quarter. 120% of 600 million is $720 million shortfall in revenue.

Crowe said he had $500 million surplus prior to revenue adjustments. Sounds to me he now has a $220 million dollar shortage of revenue.

Of course you asked so I did my best to calculate. If you disagree thats your choice.

Flint
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