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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (10189)5/16/2002 10:48:39 AM
From: BWAC  Read Replies (1) | Respond to of 11568
 
Would that just be a person in the Liar camp?



To: Oeconomicus who wrote (10189)5/16/2002 11:33:25 AM
From: Thomas Walker  Respond to of 11568
 
She also forgot to mention (as WCOM) did, that they have no plans for using this cash, just wanted to have it, if necessary.

"Unless and until the new bank deal is finalized, this emergency borrowing leaves the company facing not $3.1 billion in potential maturities next year but nearly $6 billion," wrote Carol Levenson, director of research at fixed-income research service Gimme Credit. "It also lifts debt/projected EBITDA (earnings before interest, taxes, depreciation and amortization) to 4.5x."