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Politics : Ask Michael Burke

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To: Mark Adams who wrote (81293)	6/1/2000 1:42:00 AM
From: S. maltophilia	Read Replies (1) of 132070

<<re FMO; the negative cash flow appears to be related to an increase in AR>> I'd hate to be in the position of having to borrow cash that I'm owed by others (been there, done that-g-). When I get serious about taking a position in FMO I'll be looking into whether their AR is under control. << I tend to shy away from companies involved in Asbestos litigation. In your opinion, are they as culpable as the cigarette companies? >> I agree, asbestos is a wild card.(Ever been on a jury?) IMO, they are not as morally culpable as a tobacco company, since most of the allegations seem to be over events that took place before the dangers of asbestos were fully understood, and I have yet to see any of them encourage asbestos addiction. So far, so good on your FMO. Better, at least for now, than the ODP I bought that same day....

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