[49625] in North American Network Operators' Group

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Re: wcom overbilling

daemon@ATHENA.MIT.EDU (Hank Nussbacher)
Sun Jul 7 00:06:07 2002

Date: Sun, 07 Jul 2002 07:04:31 +0300
To: "Stephen J. Wilcox" <steve@opaltelecom.co.uk>,
	Jeff Mcadams <jeffm@iglou.com>
From: Hank Nussbacher <hank@att.net.il>
Cc: Dan Hollis <goemon@anime.net>, nanog@merit.edu
In-Reply-To: <Pine.LNX.4.21.0207061643170.10529-100000@staff.opaltelecom
 .net>
Errors-To: owner-nanog-outgoing@merit.edu


At 04:50 PM 06-07-02 +0100, Stephen J. Wilcox wrote:

>.. which is why I think people (especially US altho it seems to be coming more
>the normal in other markets) use EBITDA as it smooths out the bumps even 
>tho the
>bumps are still there!
>
>The other nice thing in the telecoms world about EBITDA is the 'D' which seems
>to work quite well at hiding losses caused by falling fibre/bandwidth prices!

 From Barrons:
EBITDA = Earnings Before I Tricked the Dumb Auditor

-Hank


>Steve


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