morbo
Complete Your Transaction
join:2002-01-22
00000
clubs:
 ·Charter Pipeline
 ·AT&T Southwest
| reply to nordoI
Re: Yet more evidence...
said by nordoI :
Charter makes over 1 BILLION a year. The issue is the debt load, which Chapter 11 is helping them with. They make plenty of money.
if they are making plenty of money then they would be able to service their debt. hottboiinnc is right: they got too big, too fast. buying too many cable plants for too much money.
of course, bankruptcy will help them! |
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MOTO6809
join:2007-11-05
Springfield, MA
| You are right, they paid too much for the systems they bought. That along with the shady upper management team they had really killed them.
I think Neil and the current team can turn it around, but they have a lot of work ahead of them to do so. |
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r0gerr
@charter.com
| reply to morbo
said by morbo  :said by nordoI :
Charter makes over 1 BILLION a year. The issue is the debt load, which Chapter 11 is helping them with. They make plenty of money.
if they are making plenty of money then they would be able to service their debt. hottboiinnc is right: they got too big, too fast. buying too many cable plants for too much money. of course, bankruptcy will help them! You just repeated what he said. lol
Charter does make plenty. They just have the debt load. After Chap11 I can see them coming out a lot better. |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs:
·Charter Pipeline
·AT&T Southwest
| said by r0gerr :said by morbo :said by nordoI :
Charter makes over 1 BILLION a year. The issue is the debt load, which Chapter 11 is helping them with. They make plenty of money.
if they are making plenty of money then they would be able to service their debt. hottboiinnc is right: they got too big, too fast. buying too many cable plants for too much money. of course, bankruptcy will help them! You just repeated what he said. lol Charter does make plenty. They just have the debt load. After Chap11 I can see them coming out a lot better. my point is that anyone can make money if you wipe out their outstanding debt. even someone with 100k in credit card loans and a million dollar mortgage with an average job can "make" money if you simply erase their debt. it's more important to look at what got them into that situation and avoid it in the future. |
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