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 : WCOM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: c.hinton who wrote (10629)6/14/2002 9:25:46 AM
From: BEEF JERKEY   of 11568
 
Yes I suppose I am optimistic regarding WCOM's prospects. The numbers are there to do $500 million per q free cash flow by next quarter at latest - even in this negative environment. Oddly "the neighborhood" is starting to look like a real growth engine. WCOM likely has the best growth prospects of any of the telcos.

It is right that I jumped the gun on the dividend. There is one more payment due, but $500 million cash flow is still doable this quarter. The numbers are there and even in a negative market such as we have 2 and 3 times free cash flow is a cheap price.

Anyway today isn't looking too great for the open but we have the meeting today - should be interesting. I will stand by my statement that WCOM won't ever see $1.08 again though. This stock has already been through the mill and I doubt we will see another 680 million share day.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext