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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (85465)11/15/2000 8:46:24 AM
From: Freedom Fighter  Read Replies (1) | Respond to of 132070
 
Spek,

I understand your points about GX and Q.

The capital expenditure levels for next year haven't been announced yet, but I would expect them to slow sharply from 1999. The network is almost done.

Also, the dark fiber sales generate more in cash up front than the company books in revenues. So even though there is some debate about whether that is recurring revenue or not, (it's a long story) is definitely brings in cash. That will help with funding until cash flow break even comes along.

Lastly, if cash became a problem, I suspect Warren would be happy to provide whatever they need in the short term for favorable terms - convertible preferred? These are his pals. :-)

Wayne



To: Spekulatius who wrote (85465)11/15/2000 9:03:54 AM
From: Freedom Fighter  Respond to of 132070
 
Spek,

I meant to say 2000 not 1999. I didn't have my coffee yet.
:-)

Wayne