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To: Alejandro who wrote (3933)2/23/1998 8:59:00 PM
From: MangoBoy  Read Replies (1) | Respond to of 12468
 
great conf. call... the analysts sounded pretty wowed by the results.

key take-aways from Bill R. (paraphrasing):

- "we're not for sale."

- "we don't see anyone being able to recreate what we have accomplished in terms of market coverage and infrastructure."

- "in terms of infrastructure and run rate, by the end of 1998 we should be where Teleport was at the time it was acquired by AT&T for $11B, and our growth rate will be better."

- "we will need to tap the capital markets again, since we're ahead of schedule on our buildout and we need to pay for it. we already have $700M of debt of the balance sheet, so raising capital via the equity market might bring more balance to the balance sheet. in any case it would not be a large amount of capital."

full steam ahead!

mark