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Technology Stocks : 360Networks - TSX - TSIX -- Ignore unavailable to you. Want to Upgrade?

To: D.B. Cooper who wrote (97)	3/1/2001 7:12:33 PM
From: D.B. Cooper	Read Replies (1) \| Respond to of 449

Market Report -- Short Stories (TSIX, EBITDA) March 01, 2001 5:20:00 PM ET 360networks (TSIX) 7 45/64 -15/64: Company lowers guidance from $3.1-3.3 bln for 2001 cash revenue, to $2.4-2.6 bln due to deferral of forward capacity purchases by major telecommunications carriers and capital constraints within the telecommunications sector. Company is reducing capital expenditure plans for 2001 from $3.5-4.5 bln to $3.5-4 bln. Adjusted EBITDA cut from $2.5-2.6 bln to $1.8-1.9 bln. TSIX shares down to 7 3/8 after hours.