Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (51300)	2/3/2000 1:28:00 PM
From: Anthony@Pacific	Read Replies (1) \| Respond to of 122087

The stock wasnt at 2 for a year because its a good deal... you are forgetting this is the pager buz..

To: RockyBalboa who wrote (51300)	2/3/2000 1:56:00 PM
From: Dako	Respond to of 122087

Whether this is better or worse than DJT is hard to say, but the nine months financials for MCLL show EBITDA of $115 million and capital expenditures of $77 million, which leaves these guys with $38 million to pay $64 million in interest expense. Hmmm, not so good coverage. And that was before the preferred dividends to AT&T. Sure they've eliminated that, but only by piling on another 13 million shares to current outstanding. Apparently, these guys now have over 78 million shares outstanding after today's transaction. Just how many more shares do you think they'd need to pile on in order to "take away the debt". Whatever it is think you'd be spreading that $38 million of "free cash flow" way out to justify a stock price anywhere near $6 or $7.

To: RockyBalboa who wrote (51300)	2/3/2000 2:17:00 PM
From: peter michaelson	Read Replies (1) \| Respond to of 122087

Christian: I see for nine months on MCLL - Operating loss of $115 million, add back depreciation and amortization of $230 for an EBITDA of $115. Now there is interest of $63 million and about another $7 for the Preferred dividend (after converting the Class C to common). $115 less $70 is about $45 million. Now take away capital expenditures, which you got to do if you add back depreciation. That's $45 million of cap ex, leaving them with no cash flow in real life. New share total is about 55 million, I think. Correct my errors, please. peter