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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (14489)	11/8/1999 11:11:00 AM
From: Vegas	Read Replies (1) \| Respond to of 57584

IFMX has news today on a Red Hat deal... biz.yahoo.com

To: Rande Is who wrote (14489)	11/8/1999 11:23:00 AM
From: Kaliico	Read Replies (1) \| Respond to of 57584

Rande:<soon things will be better than ever!>...This is for sure !<eom>

To: Rande Is who wrote (14489)	11/8/1999 11:41:00 AM
From: John Miz	Read Replies (1) \| Respond to of 57584

Is anyone familiar with AMT as a wireless play...latest qtrly looks excellent... biz.yahoo.com American Tower Corporation Reports Strong Third Quarter Results BOSTON--(BUSINESS WIRE)--Nov. 4, 1999--American Tower Corporation (the ''Company'') (NYSE:AMT - news) today reported significant increases in revenues and EBITDA (''Earnings Before Interest, Taxes, Depreciation, and Amortization'') for the quarter and nine months ended September 30, 1999 as compared to the same periods in the prior year. For the three months ended September 30, 1999, revenues increased to $67.5 million from $30.5 million for the three months ended September 30, 1998. EBITDA increased to $24.8 million for the three months ended September 30, 1999 from $12.2 million for the same period in 1998 (exclusive of $0.2 million of tower separation expense related to the Company's separation from American Radio Systems Corporation). For the nine months ended September 30, 1999, revenues increased to $169.1 million from $71.5 million for the nine months ended September 30, 1998. EBITDA increased to $63.2 million for the nine months ended September 30, 1999 from $25.8 million (exclusive of $12.6 million of tower separation expense) for the same period in 1998. Steve Dodge, American Tower's Chairman and Chief Executive Officer stated, ''Our wireless and broadcast tower groups continue to perform to an aggressive growth plan in terms of overall tower counts, tower rental revenues and TCF. Our tower services group experienced higher than expected revenue growth, though its margins were impacted in Q3 by the residual expenses of certain discontinued operations associated with the Omni-America acquisition. In teleports, internet, voice and data (''IVD'') revenue has now grown to almost a third of overall teleport revenue, and we continue to invest in the operational infrastructure necessary to position the organization to fully develop IVD related opportunities. We believe all of our operations are well positioned to enjoy strong gains in future periods, with growth rates accelerating as we move through the Year 2000.'' American Tower is the leading independent owner operator and developer of broadcast and wireless communications sites in North America. Giving effect to pending transactions, American Tower operates approximately 9,800 towers in the United States and Mexico, including approximately 8,700 owned or leased towers and approximately 1,100 managed and lease/sublease sites. Giving effect to pending transactions, American Tower's portfolio includes approximately 300 broadcast tower sites. Based in Boston, American Tower has a U.S. footprint of approximately 9,600 sites, with regional hub offices in Boston, Atlanta, Chicago, Houston, and San Francisco. Through its wholly owned subsidiary, ATC Teleports, Inc., American Tower also owns and operates, giving effect to pending transactions, over 110 satellite antennas in various locations across the United States. For more information about American Tower Corporation and ATC Teleports, please visit our web sites www.americantower.com and www.atcteleports.com.