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To: Lachesis Atropos who wrote (34394)9/22/2001 2:26:59 AM
From: Johnny Canuck  Respond to of 67962
 
If one of my broker's clients is an indication, the carriers are quite profitable right now. It is just the good will write downs that are effecting the EPS numbers. All the cash that they did not spend on cap ex and free cash flow is looking quite attractive. All that used equipment bought at pennies on the dollar from bankrupt CLEC's is helping to subsidize new business hook ups also.