I like your thinking. Get's me thinking.
At the Needham conference last month Broadwing's CEO Doc Huber publicly declared for the first time that his estimate of a reasonable "replacement value" for the company's network is $5.5 billion(that works out to be something like $75/share!). Then he went on to say that the Broadwing network is "top class fiber and equipment in "pristeen" condition,... the ONLY network capable of delivering the kind of telecom services customers want and need today."
Explain that. What does he mean by "replacement value"? That to me speaks of a buyout. And can we corrolate replacement value to an asummed pps thru a mathmatical equation? Is that often done to get an estimated pps? I'm a little confused here, so please forgive me and try to explain that to someone who is a little dim in a way she can understand. :)
I know, although it was quite some time ago, that out of all the layed fiber, only about 4% was lit. How does that fit into the whole picture? Is this fiber that has been placed and not in service or fiber that needs to be layed? Or am I thinking of the wrong thing?
J
"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness;
-- Charles Dickens
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