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To: Arnie Doolittle who wrote (7952)10/15/1998 12:48:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 10227
 
In addition the Cash Flow + was delayed by management so they could build out further faster. They made the decision to get the infrastructure built and defer the CF+ until now. As I see it they are right on target. AlexBrwn,MS,Pru all see it the same way. This is a capital intensive industry earnings are important only as the company matures. Doubling revs. year to year is great. What's the beef - this is a great buying opportunity. If you don't have the $ look at the Jan 20's 99.

JFD