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To: Neal Hopper who wrote (12281)7/24/1998 10:49:00 AM
From: Charlie Smith  Respond to of 21342
 
Neal:

<<ISDN rewards 470,000 ISDN subs>>

How many of these lines are in the three metros InfoSpeed is currently offered? I would bet less than a third.

I agree that ISPs are key. BEL has to make it worth their while. I don't know if they can/will do that.

Charlie



To: Neal Hopper who wrote (12281)7/25/1998 7:51:00 AM
From: Charlie Smith  Respond to of 21342
 
Neal:

<<Somewhere investment banking is going to have to come in place. They really burned cash this last qrt. I not sure if it was related to the conference plus or DSL?>>

Cash burn of $12mm:

Operating loss $6.6mm
Receivables up $1.1mm
Curr Liab down $2.7mm (yr end liabilities paid in Q1)
Cap ex > depr $1.2mm (Conference Plus related spending)

Total $11.6mm

Not excessive IMO.

Charlie