News Focus
News Focus
icon url

mcmike

11/04/05 1:58 AM

#11534 RE: iconoclassic #11533

AMT: conf. call

I don't think the stock buyback is designed to assauge the restless on a 1Q miss

They said that once the Q was filed that they might get right to work on the buyback

I don't understand the tower biz and whether or not profit is important. $25/shr for a company losing $ seems a lot, but I would assume that once they get build out completed, the free cash spun off will lead to debt reduction, and profits.

Someone asked a Q re. the relationship between REITs and the tower biz, so the capital expenditures in build out cause a lot of debt, but that doesn't impair the business.

still watching