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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (20077)	8/16/2000 2:17:51 PM
From: Rich Wolf	Read Replies (1) \| Respond to of 21342

See BWAC's posts again, reread what I posted to you. Stop misquoting. Get a clue. Neg cash flow is no problem here. OTOH, they had positive earnings, apart from amortization of goodwill. You and your fellow 'short dudes' are playing a risky game while the fundies are on vacation. See you in the 20s in October.

To: Sir Auric Goldfinger who wrote (20077)	8/16/2000 2:23:11 PM
From: BWAC	Read Replies (1) \| Respond to of 21342

Good grief?? Now you are really confused? Is this accounting lesson moving too fast for you? Is it too advanced? Do I need to back all the way up to debits and credits for you? "Amortization HAS NOTHING to do with CASHFLOW, not one friggen thing" Wrong! Please pay attention this time. Depreciation and Amortization are an addition to cash in the statement of cash flows. You see, both serve to reduce the starting figure of Net Loss (Or Gain). The assets bought with cashflows in prior quarters are amortized to depreciation over the economic life or benefit of the particular assets. You can see the effect of this in the Income Statement. This serves to reduce actual reported earnings in an attempt to match expenses against the revenue as it is produced. Now since the Depreciation isn't a cash item in the current quarter, it is an addition to the statement of cash flows. You do understand this? Right? So why do you continue to make attmepts to cloud the issue with incorrect misapplied postings? Such behavior would be acceptable if you were not a professional and truly did not understand? But that is not the case? Is it?

To: Sir Auric Goldfinger who wrote (20077)	8/16/2000 3:15:53 PM
From: DWCraig	Read Replies (2) \| Respond to of 21342

"Amortization HAS NOTHING to do with CASHFLOW, not one friggen thing." Really? Why then is the following item included in WSTL's cash flow statement? Depreciation and amortization.................................... 1,857 10,530 You know, 'Auric', the statement you posted but didn't bother to read? 'Auric' has no interest in discussing facts. If he can't find any that support his position, he'll make some up. He can't even face the facts of his lousy trading record: Message 14176095 Message 14179254