GST Telecom (GSTX) 4th quarter earning Message Board

STOCKTALK

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 : GST Telecom (GSTX) 4th quarter earning

GSTX 0.01000

-33.3%

Dec 3 10:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jonathan Luu who wrote (62)	7/7/1997 4:38:00 PM
From: telephonics	of 369

The C in CLEC means competative. The new FCC rules are very favorable to these organizations. These rules were deliberately set to foster competition in the Local Exchange Area. I have strong doubt that the FCC would therefore approve any take over by a major long distance carrier because it would give these "biggies" a way around the requirement that they foster competition in the long distance markets before they are permitted into the local exchange market. Secondly, I only have the financials on GST and they show there will be no profits for many a year. The debt runup ocassioned by their ambitious plans will eat up any operating profit in order to pay the interest. I forsee additional debt being needed to continue their expansion and the interest load will perforce keep growing for quite a while. I feel if there is to be a takeover it will be via another CLEC or a non-carrier entity.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next