"Steve, I'm back in at 11 3/4, which is about where I got in early in 1997."
Yeah, I got in lower today than the first time I ever bought this stock well over three years ago. Let's hope our timing was good today.
Now that the dust has settled, has anyone had a chance to think about the numbers Joel posted? I haven't had much time, but they looked pretty impressive to me. Actually, some looked so good I'm not sure I understood Joel correct.
Lines ordered up 50% means we go from 75,000 to 112,000.
Lines installed up 150% means we go from 50,000 to 125,000!!!
Can this be possible Joel? I thought I heard optimistic figures of around 70,000 lines installed. Of course most are pure resold, would help explain Ali's lower rev/line number. Also, if they're installing lines anywhere near this fast would definitely explain why the on-net percentage numbers aren't rising faster, which would be an OK reason to me. But it still doesn't make sense to me that they can install 70,000 to 125,000 lines a quarter but only put 12,000 of them on switch and 4700 totally on-net.
Would appreciate others thoughts on Joels numbers.
BTW, thanks a lot Joel. Your efforts are much appreciated.
Steve |
