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Strategies & Market Trends : 50% Gains Investing
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To: Dale Baker who wrote (13600)12/26/1999 9:05:00 PM
From: HeyRainierRead Replies (2) of 118717
 
Dale,

I wish to correct the following in my previous message:

"...with cash burn from operations taking up about $200,000 if you exclude the one-time nature of the gain from investments."

That adjustment should be reversed. The cash burn is actually ($400,000). Cash flow from operations already excludes the one-time nature of the gains from the sale of investments by subtracting the gains from net income. I unnecessarily "double-removed" this factor.

Rainier
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