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To: Chuzzlewit who wrote (12025)1/4/2000 4:19:00 PM
From: abbigail  Respond to of 21876
 
"Don't you think it's important to explain the large disparity between operating earnings and operating cash flow?"

Yes, but the answer lies in the future, not in the past.
If management sinks its cash in bricks & mortar,
as long as revenues are growing and margins are good,
how can you argue against future growth and utitilization ?

Thanks,

Abbigail


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