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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Mike Buckley who wrote (48543)11/3/2001 7:40:22 PM
From: Wyätt Gwyön  Read Replies (1) of 54805
 
hi Mike,

MICAP focuses on the growth of adjusted free cash flow.

i remember ROFLMAO at all the folks who used to harp about CSCO's free cash flow growth, which was largely fueled by tax credits from option exercises. this was common at many cos, and i suspect will be again if the hypesters can ever get the bubble back into full gear.

the above is to say that free cash flow may not always be a good indicator.
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