frank--
you are preaching to the choir. this one has gone up and down so much that it has really been a better ride than any coaster.
what i am looking at now is what we can expect going forward. IMHO, most of the bad news is behind us, and current management seems more adept at running a publicly traded company than past management. sure, its great to have a vision, but if you can not articulate it, it is pretty much worthless. i think this is one of the things that seamens forgot.
so, we have to look at right now:
we know from BEL personell that they are deploying WSTL equipment. IMHO, we can put it solidly in our column. GTE ILEC was really weird and we simply do not know enough about what they are planning. sure, they may say 300 COs, but little more than a month ago they were saying they would have maybe 1k customers by EOY 98. IMHO, GTE ILEC management doesnt seem to know where it wants to go.
bell canada is very pleased with our equipment, and is still deploying it. IF WSTL can gets its DSLAM done, we may be able to land some of the BC CO deployment.
BT is also still with us, as is GTE CLEC.
so, not much has changed. HOWEVER, there is just one caveat. I personally thought that we would either get the entire GTE ILEC contract or at least some of it. now, this does not appear to be the case, though we could end up with a piece. now, in december it was pretty clear that the street was sure we would not get it.
the same holds true for BEL. from what we know from BEL personell, they are planning to move ahead with WSTL equipment. however, the street doesnt think so. is there a chance i could be wrong again? yes, unfortunately. but as i said previously, are you willing to make a bet based on inadequete information?
good luck to all,
trey |
