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To: Allen Furlan who wrote (12794)7/15/2001 5:15:13 PM
From: Paul Senior  Respond to of 78515
 
Allen, it's a three buyer portfolio:

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To: Allen Furlan who wrote (12794)7/19/2001 4:35:32 PM
From: Carey Thompson  Respond to of 78515
 
Allen,

Your UBS analyst listened to the June 7, 2001 guidance correctly. TXCC last quarter's 1q2001 revenues were a shade over $11 mill. The loss was $15 mill. This company is losing money, yet is continues to have enough of a cash hoard to pay the annual interest on its bonds and pay off its bonds in 2005. Note: long term debt has shrank to $377 from $460 mill, so the company is buying back its debt in the open market at 30% less than face value.

Thanks for the helpful comments on TXCC and I hope we can correspond in the future. If you want any help investigating JNPR let me know.

Good luck,

Carey Thompson