EBITDA [was Re: Interconnects]
Valdis.Kletnieks at vt.edu
Valdis.Kletnieks at vt.edu
Mon May 20 17:13:05 UTC 2002
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...
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