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Technology Stocks : Winstar Comm. (WCII)

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To: George M Stevens who wrote (943)3/13/1997 11:02:00 AM
From: Alejandro   of 12468
 
George :EBITDA is Earnings Before Interest Taxes Depreciation and Amoritization are taken into consideration. It is used by many to more accurately determine real cash flow. I'm sure someone will give a better explanation.

Ali
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