Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Marty Lee who wrote (159)	5/8/2001 1:12:34 AM
From: rajaggs	Read Replies (2) \| Respond to of 449

Marty, The long term debt is $1.95 billion right now and can be taken up to about $4 billion from the existing facilities. With an average term to payout of around 7 years and interest rates around 13%, that would indicate a total interest payable of about $5 billion within 7 years. With atlantic only newly available, pacific not yet available and americas not yet into revenue production, they have estimated $2.5 billion for 2001, from mainly Canada, USA and 9 months of partial atlanic cable revenues. When the system is operational, they will be bringing in about $5 billion/annum; and for 7 years that'll be $35 billion. It's not hard to see that $9 billion in bond repayment and interest, can be repaid out of that without much trouble and no rollovers of debt. I figure that TSX is a 3 year investment and by then it'll be clear to most, that TSX is a winning combination of financial and technical acumen. Greg Maffei has his own(borrowed) money in this and he hasn't sold a share yet. Does that tell us something or what.? 'jaggs