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Technology Stocks : SYTE - Sitestar
SYTE 5.490+0.9%Aug 11 4:00 PM EDT
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To: LORD ERNIE who wrote (262)7/8/2002 10:18:13 AM
From: Evan  Read Replies (1) of 301
 
LE I have told you before, they do not have positive cash flow. EBIT has to be paid for out of cash flow, EARNINGS BEFORE TAX AND INTEREST. It's quite wrong for a company to say they they have positive cash flow when debt service and income taxes are ignored, It may be ok in Belgium, but SYTE has never made a nickel, ditto BMKS, who does not claim to.
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