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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (710)	9/17/2000 8:56:43 PM
From: StockDung	Read Replies (2) \| Respond to of 766

Here is a good one from the Street.coms web site. Even though Herb Green (A writer who I admire) wrote a few articles warning of the dangers inherent in overreliance on earnings before interest, taxes, depreciation and amortization (EBITDA) this is what there goal for the year 2001 is on the investor relations page at TheStreet.com. Maybe Cramer missed that article? "Goal: EBITDA positive in US operations in second half 2001" thestreet.com Digging Deeper into the Problems of EBITDA By Herb Greenberg Senior Columnist 6/9/00 6:29 AM ET An item here yesterday mentioned a report by Pamela Stumpp of Moody's that warned of the dangers inherent in overreliance on earnings before interest, taxes, depreciation and amortization (EBITDA) as a measure of a company's financial performance (something this column has been railing about for years). thestreet.com More Reasons to Be Leery of EBITDA By Herb Greenberg Senior Columnist 6/8/00 6:29 AM ET I've written here and in Fortune about why you should be extra careful of companies that steer investors toward earnings before interest, taxes, depreciation and amortization (a.k.a. EBITDA) rather than earnings (or in the cases of most of those companies, losses). That's not to say there aren't legitimate reasons to rely on EBITDA for analytical purposes, especially for companies that spend heavily on building a fixed infrastructure, such as cable. (And even then, it's debatable.) thestreet.com