SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bosco who wrote (27169)2/5/2002 2:21:53 PM
From: Zeev Hed  Read Replies (1) of 99280
 
You said it, no price s too low (g). They have a lot of debt, and unless they can sell some assets, and they have what to sell, they will have problem borrowing as their credit rating decline. If these rating decreases translate to 3% annual increases in debt service, their earning may decline by 30% or so (I calculate up to $500 MM swing in quarterly earnings). If they are forced to write off a good chunk of that $35 B in goodwill, not much is left of their $31 B in book value.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News