On Mon, 20 May 2002 12:08:32 EDT, Chris Woodfield said: > Intermedia, for example, was EBITDA positive for all of the time I was working for > them, yet was bleeding approx. $100 million plus in interest payments per year. > This created a very real cash crunch that prompted the sale to Worldcom.
I believe the *original* comment was "If they're EBITDA-negative, they're
*really* screwed without more cash(*)".
--
Valdis Kletnieks
Computer Systems Senior Engineer
Virginia Tech
(*) As many dot-bombed discovered when the bubble burst...
msg01974/pgp00000.pgp
Description: PGP signature
