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Non-Tech : Tyco International Limited (TYC) -- Ignore unavailable to you. Want to Upgrade?


To: Marvin Mansky who wrote (1049)12/11/1999 8:28:00 PM
From: Chuzzlewit  Read Replies (3) | Respond to of 3770
 
Marvin, the definition of free cash flow is operating cash flow less investments in property, plant and equipment. It is used as a surrogate for dividends. It is not synonymous with top-line growth (sales growth).

Value-Line estimates cash flow at $3.3BB for this coming year.

TTFN,
CTC