BFT: Will the tulip craze ever break down? Message Board

STOCKTALK

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 : BFT: Will the tulip craze ever break down?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dealmakr who wrote (80)	3/14/1998 12:39:00 AM
From: Pancho Villa	Read Replies (1) of 650

Mr Hillman I am dying to see the CF statement for FY 97 as the CF for the first three quarters shows a bleak period with cash flows from operations at a significant deterioration to 24 million, a 75% increase! I hope the 13 million in investment activities are not for intensive care units at a couple of your gyms! How likely are you to reverse this trend in the next 12 months? You are stuck with margins so low that you cannot afford advertising! With the rather modest capital expenditure plans diluted by other non-gym efforts, how do you planning to significantly increase revenues? Just by pushing three year deceiving memberships to 18 year olds? It is nice to see how BFIT helps our young start their life with blemished credit! CONSOLIDATED STATEMENT OF CASH FLOWS Nine months ended September 30 ----------------------- 1997 1996 Cash used in operating activities............. (24,965) (14,453) Cash used in investing activities ............ (13,781) (12,782) Cash provided by (used in) debt transactions.. (2,961) 11,121 Pancho

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next