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Jestocost
The Poodle Bites.

join:2000-10-19
Saint Louis, MO

Re: Telocity?

Yep. With $75MM cash on hand and a loss of $38MM in the most recent quarter, it doesn't take much to figure out that there's potential trouble on the horizon. Salomon Smith Barney cited concerns over Telocity's viability in the downgrade on Rhythms that they issued Monday. According to SSB, Telocity and Flashcom account for 33 percent of Rhythms installed lines and 40 percent of their 3Q00 new lines.
permalink · 2000-12-06 12:47:01 · Reply to this
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