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Strategies & Market Trends : BFT: Will the tulip craze ever break down?

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To: polarisnh who wrote (621)11/11/1998 8:48:00 PM
From: Pancho Villa  Read Replies (1) of 650
 
Thanks. Short term argument. In the mean time the BFT cash watch indicates the company burnt 35 million in the 6/30-9/30 quarter including the purchase of .5 million shares at around $17 (about 8.5 million). This indicates that despite all the mambo Jumbo by Mr. Hillamn the company continues to burn cash at the tune of 30 million/quarter instead of generating it. This business is a POS.
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