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Strategies & Market Trends : Free Cash Flow as Value Criterion

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To: Pirah Naman who wrote (30)11/1/1997 9:26:00 PM
From: Honest Abe  Read Replies (1) of 253
 
Can anyone tell me when the use of Free Cash Flow as a primary valuation tool is NOT appropriate? Are there examples in which it is clearly better to use P/E, etc.?
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