To: Ed_NYC
Gee, and this ace thinks people don't look further at the components of EBITDA and examine their veracity? they just take the figures as is? Sure thing. But don't let facts get in the way of a broadbrush hit piece by a writer with a score to settle.IF people took the numbers at face value, then THEY are to blame, not EBITDA.
But, all the genius would have had to do was look at the stock price action for the past yr to know that a liquidity crisis was apparent.
It would help to hear from creditors and banks as to what was being said to them by WCOM 6 quarters ago as the accounting fudging took place.It appears to have to be to stave off having credit lines cut.
4 posted on
06/27/2002 10:58:08 AM PDT by
habs4ever
To: habs4ever
Gee, and this ace thinks people don't look further at the components of EBITDA and examine their veracity? they just take the figures as is? Sure thing. But don't let facts get in the way of a broadbrush hit piece by a writer with a score to settle.IF people took the numbers at face value, then THEY are to blame, not EBITDA. That's the way it is these days. Anti-business, anti-investor stories have traction. The Bush administration's solution as usual is to increase the size and cost of federal government. The SEC is getting a $250 million dollar budget increase.
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