Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: oldirtybastard who wrote (152789)	2/22/2002 9:22:30 AM
From: reaper	Read Replies (1) of 436258

<<I don't get it, why would anyone want to be anywhere near that CA crap? >> I'll actually get LONG a first 1/3 today at $18, if it gets there. Business is not great, BUT they have generated well over $1 billion in FREE cash each of the last 4 years (I'm talking about the cash flow statement here, not the P&L or some bastardization of cash like EBITDA). With a $10 billion +/- market cap (at $18) I'm willing to take that risk. These guys do NOT have liquidity problems. If it gets to $15 I'll take down the other 2/3. Cheers

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