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EarthLink Holdings Corp. Message Board

  • mccormickred mccormickred Feb 19, 2013 10:51 AM Flag

    I told you

    But you wouldnt listen

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    • You were correct that ELNK is laying off sales force employees in low use geographies. However, they are expanding staff in other areas.

      You predicted that they were losing business to AMZN. However, Revenue was higher than expected.

      You have been advising that ELNK should just give up and close its doors. The reality is that they paid off $34 million in debt and bought back a bunch of shares. They still have a hunk of cash too. They plan to lower their debt interest burden too with a new debt deal.

      The earnings projected for 2013 is less than exciting. ELNK is in the third year of a turn around. They previously predicted the need to further invest in their new business options in order to get to the growth that investors want. They seem to be on the right track.

      I am not crying or worried about ELNK.

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