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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: RockyBalboa who wrote (51300)2/3/2000 2:17:00 PM
From: peter michaelson  Read Replies (1) of 122087
 
Christian:

I see for nine months on MCLL -

Operating loss of $115 million, add back depreciation and amortization of $230 for an EBITDA of $115.

Now there is interest of $63 million and about another $7 for the Preferred dividend (after converting the Class C to common). $115 less $70 is about $45 million. Now take away capital expenditures, which you got to do if you add back depreciation. That's $45 million of cap ex, leaving them with no cash flow in real life.

New share total is about 55 million, I think.

Correct my errors, please.

peter
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