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Strategies & Market Trends : Starwood Lodging REIT

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To: Richard Barron who wrote (8)	10/23/1997 10:32:00 AM
From: Sheldon Hochberg	Read Replies (1) of 20

Richard: Can you explain to me the rationale for using FFO as a basis for measurement of value for these companies. Why shouldn't depreciation and interest be factored in in valuing these companies (as they are for others). Is there any book/article that you have read that explains FFO concept and its proper use? Thx.

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