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EarthLink Holdings Corp. Message Board

  • accugrowth accugrowth Jan 21, 2013 4:59 PM Flag

    Debt Reduced in December

    The third quarter report stated that ELNK would pay down debt by $39 million in December. And, $104 million in debt is coming due in April. It seems that ELNK has the opportunity to negotiate a lower interest rate due to the lower risk and current low interest rate environment.

    This is good news for ELNK longs as earnings will be higher and funds are made available to buy back more ELNK shares. It is a virtuous cycle that can repeat over time.

    I am looking forward to the Q4 report.

    Sentiment: Buy

 
ELNK
6.21+0.33(+5.61%)May 3 4:00 PMEDT