SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robuck who wrote (41542)3/1/2011 2:27:39 AM
From: Jurgis Bekepuris  Read Replies (1) of 78717
 
I am not sure why you think that VSEC has negative free cash flow. 2010 10K is not out yet, but in 9 months the only thing that pushes VSEC into negative free cash flow is acquisition. Looking into 2009 they had positive free cash flow. IMHO stating "negative cash flow" without saying that they spent money on acquisition is rather imprecise.

I agree with your other points though.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext