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

To: Raymond Duray who wrote (1292)	8/10/2000 4:42:46 PM
From: Bernard Levy	Read Replies (2) \| Respond to of 1860

To amplify what Ray is saying, it is worth noting that GST was briefly EBITDA positive before going under. ICGX is also EBITDA positive and yet after today's earnings report should probably be on the BK watch list, together with ESPI and ARTT. In fact, ARTT's earnings report is also atrocious: $360k in quarterly earnings. I suspect any reasonably sized grocery store makes that in a week. It looks like it will be a long hot summer for the CLECs. Maybe some time in October Jack Grubman will emerge tanned and rested from a long vacation and will issue a positive report when valuations will have reached truly pathetic levels.