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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Peter V who wrote (7602)	12/11/2000 4:08:40 PM
From: RockyBalboa	Respond to of 10293

Though I got some NPNT... which went up, I blinked at RTHM when they simply broke out.

To: Peter V who wrote (7602)	12/12/2000 6:22:25 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 10293

COVDs guidance for Q4 and 2001. 2001 looks "not that bad" as it was estimated by analysts but...the Q4 is worse. If 2001 is really improving the price jump is somewhat understandable. Smells that the price jumped before the guidance came out. On that tune, they spend their cash in les that 2 years. The operating cash loss (for 3 quarters) and the purchases of equipment make up $650M. Add in that the company is heavily in debt as of now (1.6B) Tuesday December 12, 6:12 am Eastern Time Covad says sees Q4 Ebitda loss of $180-$190 mln SANTA CLARA, Calif., Dec 12 (Reuters) - High speed Internet service company Covad Communications Inc. (NasdaqNM:COVD - news) said Tuesday it expects to book a fourth quarter loss before items in the range of $180-$190 million, with revenues for the period totaling between $60-$65 million. The Santa Clara, Calif.-based company, which recently said it plans to cut its workforce by 13 percent in a bid to cut costs, said it also take a restructuring charge of up to $20 million in the fourth quarter. The $180-$190 million loss is on an Ebitda basis, the company said, meaning earnings before interest, taxation, depreciation and amortization. While Covad did not supply per-share figures, analysts are expecting the company to report a fourth quarter loss of $1.34 per share, according to data compiled by market research firm First Call/Thomson Financial. Looking to 2001, Covad said it expects to report Ebitda losses for the year of $450-$470 million, with revenue likely to come in at $380-$390 million. That compares with analysts' expectations that the company will lose $5.46) per share in 2001. Covad said installed lines in service for the fourth quarter are expected to be 270,000, while installed lines at the end of 2001 are expected to be 440,000-460,000. ) -$5.46 are about $1B loss (for 178M Covd shares)