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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: lindend who wrote (3959)11/4/1999 11:53:00 AM
From: Walk Softly  Respond to of 19428
 
LC... my fault... people aren't fools... but actions can be criticized.... BFT is just prized by to many pros that are OCF/EBITDA freaks.... remember.... millionaires have been made in the real estate industry that have never reported a dime of income... this is how the cable or any super infrastructure industry with agressive depn' rules works.... BFT is followed by the same crowd.... there are just way to many big players in this issue that play by these rules.... to them BFT looks like a super fast growing utility..... utils/media players are oft loaded with debt.... but with a subscrition revenue stream the risks are largely mitigated....
and as I've mentioned before BFT has proven their model works havingg gone from OCF/EBITDA negative to positive over the last 4Qs.... this is a mega selling point when a strategy is working like a dream.....