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Technology Stocks : CAWS - Wireless Cable (New and Improved) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Youree who wrote (4368)1/5/1998 9:50:00 PM
From: Joseph Moran  Read Replies (1) | Respond to of 5812
 
Gary,
Interesting...

"LT debt: $275M @ 12.25%,
$29.8M @ 16%, $6.8M 16%, $174K @ 8%, $5.3M in leases."

Adds up to approximately $317MM in LT debt. JA wants to add another $275 -300Mm for the satellite. Lot of debt for a company with little income and no great prospects, unless the management knows something we don't know. Is .6 billion in debt good or bad? Who the he.... knows at this point.

Joe