John Paul, I didn't mislead anyone. I stated the source and date of the publication and the exact figures, as of the last actual fiscal period. According to S@P earnings guide dated December 97, Cube still has a cash flow deficit of $1.93 a share. You have more updated information on the most recent fiscal period, post it! Their definition of cash flow, which I can accept is: " Cash flow is net income ( before extraordinary items and discontinued operations and after preferred dividends ) plus depreciation, depletion and amortization. It is reported for the last actual fiscal period". More interesting, is how this cash flow deficit came about, and will it resurface again in the future?
PS. I'm glad to hear your smart enough to ride Cube all the way down to zero if need be. As for me, I'm prudent enough to ensure a profit on my short here ( barring of course, a takeover).
PSS I don't trade for a living as you do. I run my own business ( about 10 hrs. a day ) have a family of 5, and don't have the time to read every single 10Q and 10K. If I was a professional trader, You bet I would. I do read some when I get a chance. If I had the time, I'd spend more time on the Internet, which I do love, along with technology. |
