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Technology Stocks : Scientific Atlanta -SFA- going up ???

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To: JCS who wrote (999)1/3/2001 1:58:14 AM
From: Lee Lichterman III  Read Replies (1) of 1045
 
I think you nailed it with your second statement. The cable operator has to dish out millions to set the infrastructure in place then gets repaid 30 bucks a month from subscribers over time to eventually pay back the loan. Why finance now if you know you can do it for 50 basis points cheaper in the next few months. SFA already stated it doens't do financing and expects payment at time of delivery so no floating loans here.

My main problem now is so much is so cheap I can't buy it all. Today really brought some good stuff down. I just wish SFA had LEAPs so I could leverage more with less cash. I still am not back in yet but probably should be.

Good Luck,

Lee
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