What do you make of these quarterly negative cash flow values? Looks like Dec 2008 is high, but then they don't expect to tack on much in the 1st quarter of 2009. I'm assuming the numbers are based on targets + error margin which SPSN has agreed to try and hit going forward. Then it looks like the 2'nd qtr is actually cash flow positive, as it reduces the 3 qrts ending in June 2009 to 70M, then things get worse again (or perhaps the error margin grows given the time horizon?)
Measurement Period
Cash Flow
The fiscal quarter ending on December 28, 2008
$ (90,000,000 )
The two consecutive fiscal quarters ending on March 29, 2009
$ (100,000,000 )
The three consecutive fiscal quarters ending on June 28, 2009
$ (70,000,000 )
The four consecutive fiscal quarters ending on September 27, 2009
$ (85,000,000 )
The five consecutive fiscal quarters ending on December 27, 2009
$ (120,000,000 ) |
