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To: Emile Vidrine who wrote (12115)6/20/2001 3:10:13 PM
From: BWAC  Respond to of 15615
 
Emile,

The lost cash cow argument gets even sillier when you consider the value of $3.5 Billion in the bank to use as funding vs. the flip side of borrowing $3.5 Billion at exorbitant interest rates exceeding 10% or stock dilution exceeding 20%.

Did our cash cow really produce upwards of $500 Million cash flow per year?