BTW another company that may follow the ENE path is Ford. A small ratings firm has downgraded its debt to just above junk status and its gone thru $14 billion of cash reserves in the last two years and only has $1 billion left.
That would be shocking.
When I first looked at ford, I accidently looked a FORD, a very different company.
siliconinvestor.com
According to this
biz.yahoo.com
Ford has made money in the year to June 30,2001 but they lost 3/4's of a billion dollars in the Q to 6/30/2001. From 9/30/2000 to 6/30/2001 their "Cash And Cash Equivalents" went from $5,662,000,000 to $6,586,000,000 but their Short Term Investments went from $15,247,000,000 to $11,502,000,000. I'm not sure about the reliability of this source though it says there 6/30 recievables were $138,497,000,000.
In total their assets went up about $7bil and their liabilites went up almost $12bil. And it's probably been worse since June.
biz.yahoo.com |
