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Technology Stocks : Corel Corp.
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To: zigler who wrote (323)5/21/1997 9:12:00 PM
From: Robert Lewis   of 9798
 
>What is "free cashflow" anyways.
Cash flow is the sum of the after-tax profit of a business plus
depreciation and other non-cash charges: used as indication of internal funds available for stock dividends, and purchase of equipment, etc.

Let's make sure were all talking the same language. On this basis,
GM has great cash flow. It also has billions in cash reserve.
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