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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: hueyone who wrote (52197)7/18/2002 8:36:58 PM
From: Mike Buckley  Read Replies (2) of 54805
 
Huey,

I susect my larger point is that we may have a lot of free cash flow out there that is funded by financing activities rather than operations

That depends on your definition of free cash flow. Using the definition I use which is different than yours, it's not possible that financing activities will fund free cash flow.

The reason I'm not getting into your good discussion is because I'm skeptical of trying to solve the very complex by numbers. Though I don't go as far as Cha2 does in focusing primarily on the qualitative issues, I also don't go as far as you and others do by trying to explain everything in the numbers. I think I fall somewhere in between.

--Mike Buckley
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