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To: jim kelley who wrote (39020)3/29/2000 9:08:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Jim, maybe their is a difference in accounting between "free cash flow" and cash flow that I am not aware of, but when running a business, cash flow is king, and cash flow is net earnings after taxes after corrections for non cash expenses (like depreciation and cost of options etc and after deducting increases in working capital, in this case mostly receivable since they have no inventories to speak of).

Zeev