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Gold/Mining/Energy : Mirant Corporation (MIR)
MIR 23.77+0.1%Dec 29 3:59 PM EST

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To: Oeconomicus who wrote (213)2/21/2002 1:27:36 PM
From: Softechie  Read Replies (1) of 903
 
Here's the yahoo link:

biz.yahoo.com

Take a look at 3 numbers on cash flow:

Cash Flows From Operating Activities
Cash Flows From Investing Activities
Cash Flows From Financing Activities

Remember that they're not going back to capital market for 5 years. Cash is much more important now with pending assets sale and JV.

The cash burnrate is around $100M-150M per quarter from what Marce said. They have to stop most constructions and conserve cash. I think Moody's really put them in the bind with the downgrade which they have for pony up cash for collateral. Just don't know what to make of these companies anymore.
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