Free Cash Flow as Value Criterion Message Board

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Strategies & Market Trends : Free Cash Flow as Value Criterion

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To: jbe who wrote (92)	11/2/1997 3:59:00 PM
From: Pirah Naman	of 253

jbe: > irah, you write: "Impossible to have great free cash flow without great cash flow." Why not? jbe, you gave the answer yourself in the very first paragraph of this thread. free cash flow is defined as cash flow MINUS something. free cash flow can not be higher than cash flow. > before concluding that the sources I have been using are "clearly wrong " you might check them out first yourself. If I blindly believed VL or S&P than this would be in order. But as I have repeatedly mentioned I have checked these against the original documents filed by CPQ, among others. Pirah

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