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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (12782)12/12/2001 7:44:11 PM
From: Dale Baker  Read Replies (1) | Respond to of 99280
 
WCG and FTHL are servicing their debt comfortably from operating cash flow, with lots of cash reserves and not much network buildout remaining.

Don't believe me - check out their latest earnings reports and conference calls and see if you believe the CFO's.

In telcoms, you pretty much have to buy a boring RBOC or a more debt-laden new network. They are certainly risky but not a casino bet like GX or MFNX.