 AVDRespice, Adspice, ProspicePremium join:2003-02-06 Onion, NJ | reply to fAcEtIOUs
Re: Get used to it. said by fAcEtIOUs:said by AVD:I'm trying to say that capex should be proportional to projected need, not proportional to a function of increase in revenues times last years underfunded levels. But it also has to be proportional to the available funds as well. Only the US gov't can keep spending and borrowing without regard to the means available. According to what I read here, ATT has been neglecting their capex in order to boost profits. Is this understanding incorrect? -- standard disclaimers apply. |