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Technology Stocks : Vitech America tackles Brazil
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To: AJ Berger who wrote (98)10/5/1997 10:12:00 PM
From: Michael Burry   of 153
 
Thanks for the insight, AJ.

How about those loans and AR
sales to Dad?

I now understand better why
they may want to borrow from
Brazilian banks, but why their
Dad at such high rates? And
why does he get the AR at a
30% discount?

Could you look at the cash flows
and let me know your opinion there?
I still hate the negative
cash flows.

Good investing,
Mike
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