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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who wrote (79376)	6/15/2002 1:56:42 PM
From: mishedlo	Read Replies (2) of 99280

AVNX biz.yahoo.com The merged company will have a strong balance sheet providing the resources required to fund internal development projects while maintaining an active acquisition program. Combined pro forma cash and cash equivalents were approximately $430 million as of December 31, 2001. The companies expect the transaction will generate net cost savings of roughly $15 million in the first full year following completion of the transaction. What the H is pro forma cash? LMAO Providing there is nothing hidden somewhere, it appears that the combined burn rate and cash will enable them to survive. Thoughts? M

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