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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (69962)	4/15/2001 11:28:59 AM
From: mishedlo	Respond to of 122087

Since a company has to deduct interest expense on debt, why can't they include interest on cash? Is their business interest income or investments? If it is not, perhaps it should be since they is the only thing they do to make any money. The ONLY resaon they have this money (I am told is idiots were STUPID enought to buy into offerings at $100). This accounts for all of CRA's money as well. And while mone is money, they are making money only on their money and losing money on their operations. The value of their company, clearly should be exactly the money they have on hand (if one presumes that they will never make much on their business). What is that about $10? Finally debt was taken out to support ongoing operations. It has to be lumped in with operations. Interest income should be a separate category IMO since that is NOT their business. Since I think their business is a disaster, I repeat what a FN joke. M