Hum, anyone remember me saying how all Broadwing ever did was tout Ebitda and never earnings, that was when they had a market cap over 1 billion!!! It seems that again Warren Buffett is right, companies that use Ebitda aren't making money!!!!
I hope we have seen a bottom on BRW stock with the washout of Worldcom, and we can go up from here. I was checking back and we are still below the CBI price (Less Convergys piece) in 1993. What a ten year return on our money.