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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..] -- Ignore unavailable to you. Want to Upgrade?

To: silicon warrior who wrote (1291)8/10/2000 4:33:07 PM
From: Raymond Duray  Read Replies (1) | Respond to of 1860
 
Hi SW,

Re: WCII burn rate should not be material if she goes EBITDA positive within 10 months It may not be material to you, but it will be to me and to the bond rating agencies, to WCII bondholders and to the bulk of the common stock holders. To paraphrase Randy Newman, it's money that matters in the ol' USA. When it rolls over to cash flow positive, we don't call it burn rate, we call it expenses, and they still matter. :))

Best, Ray


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