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.
Technology Stocks : OMPT!!!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bob oserin who wrote (256)6/12/1998 9:44:00 AM
From: Randolph Gwirtzman  Read Replies (1) of 531
 
I think that the smart money will recognize the extreme benefit of OMPT's debt reduction. According to OMPT:

''We will realize an ongoing savings of $21 million in annual interest payments,'' said Sparks, ''although here will be a
one-time $11 million charge to 2nd quarter earnings resulting from this election.''

Let's see: one charge of 11M, and annual savings of 21M. Seems to pay for itself immediately doesn't it? Reduced debt load, interest savings. I see NOTHING bad about that.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News