To anyone:
I am new to this thread and am intersted in discussing the
fundamentals of CPTL. I have been a shareholder since last August and
it has been a wild ride to say the least. Fortunately the fundamentals
remain intact. Many unfortunate events have happened to shareholders.
First, the lawsuit in January which caused the stock to fall under $10
from $15. Second, the temporary restraining order which caused the stock
to drop to $5. Recently the stock has come under pressure from the issuance
of $125 million dollars of financing for geographic expansion and a data
centrix network. In November the lawsuit against Bell Atlantic is supposed to
be completed. In January 1999 the temporary restraining order will be no more.
Fundamentals: June 2nd conference call
Bell Atlantic region has 8.2 million access lines for a total market
opportunity of $14.5 billion. There are 423,000 businesses in this region
which have 15-500 personel. CTC is targetting this business segment.
CTC has a sales force of 175. It intends to hire an additional 200 sales
personel of the next two years. In addition, the company plans to open 20
additional sales offices. The company is currently building a data centrix network
which is expected to be completed in April 1999. This will improve gross margins
and enhance customer flexibility and choice. The company is in the process of
completing gross proceeds of $125 million.
As of April 30, 1998 CTC has sold 29,600 access lines and provisioned 25,900
The company is signing up approximately 8,000 access lines per month.
That would mean the company has sold about 50,000 lines and provisioned 45,000
With all of the obstacles the company is doing all excellent job selling access lines.
Responses are always welcommed!
Best of luck to all! |
