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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: peter michaelson who wrote (123708)12/3/2003 11:14:28 PM
From: TeamTi  Read Replies (1) of 150070
 
Yo peter.

I'm the same way. This is all very new and strange to me

Some thoughts.

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The Company's cash provided by operating activities from
continuing operations was $21,716,000, $30,767,000 and $69,534,000 for the
years ended December 31, 2002, 2001 and 2000, respectively.
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I was trying to find the quarterly breakdowns
2002 they had tons of legals to pay

61M in cash flow in first 9 mos of 2003

This is of course, after they don't have to pay interest on debt

23M in cashflow alone in Q3, 2003

26M in cashflow in Q2, 2003

12M in Q1, 2003

That's what I meant when I said it was lumpy

Apply a 4x FCF calculation and you arrive at some $80Mil roughly

That would put the stock around 3.30

I don't know if 4x FCF flow standard industry metric and if so, how do you adjust for such an uncertain industry
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