To: MangoBoy who wrote (1905 ) 4/22/1999 1:44:00 PM From: VIXandMore Respond to of 3873
Agreed about the bottom line, Mark, but I think even significant revenue growth may not be what to focus on at this point. In terms of managing expectations, I expect they'll talk about how far they are ahead of schedule in deploying the fiber network and maybe announce a new strategic relationship or something like that. Specifically, I'll be looking at the metrics they talked about during the Feb earnings release:Performance Metrics In order to monitor the progress of the network build-out, Level 3 has developed operating and construction metrics. These benchmarks will be reported every quarter to help Level 3 stockholders and the investment community monitor the company's performance and anticipate future progress. This set of benchmarks is for Phases 1 and 2, which includes 25 U.S. city networks, the 16,000 mile U.S. intercity network, 6 International city networks, and a 2,000 mile Pan-European network. Level 3 plans to have operations in approximately 50 U.S. and 21 international cities overall. Definitions: -- Markets in Service -- Type I -- the number of local markets where Level 3 has an operational gateway site, and a salesforce offering products over leased or owned facilities. -- Markets in Service -- Type II -- the number of cities where Level 3 has accelerated market entry. Each of these markets has a smaller operational gateway facility and a salesforce. The accelerated market entry precedes funding for the local network build. -- Markets with Fiber Networks -- number of local markets where Level 3 is able to offer services over owned networks. -- Intercity Rights-of-Way Miles -- number of intercity miles where rights-of-way agreements are secured. Rights-of-way agreements are required for Level 3 to build the intercity network. -- Intercity Route Miles Under Construction -- number of intercity miles being constructed. A segment is considered to be ''under construction'' when the contractor is mobilized. -- Intercity Route Miles Completed -- number of intercity route miles with completed conduits installed. Construction Rollout Schedule For International Network (Prefunded Portions) 1999 2000 Metric 1st Q 2nd Q 3rd Q 4th Q 1st Half 2nd Half Est. Est. Est. Est. Est. Est. Markets In Service Type I 1 2 4 5 6 6 Markets In Service Type II 1 1 1 1 1 1 Markets With Fiber Networks -- -- 1 3 4 5 See biz.yahoo.com for more details.