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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: reaper who wrote (32711)	2/23/2002 5:42:55 PM
From: Zeev Hed	Respond to of 99280

Reaper, summing up the cash flows of $.79 B, $1.040 B, $1.267, $1.566 B and $1.383 B, I come up with $6.046 in total net cash flow, that should have been added to whatever cash flow they accumulated in the last 20 years and the "paid in capital" as "stockholders equity", but stockholders equity is $4.894 B. Something in this accounting magic book does not "compute". Mind you, the "paid in capital" is $3.936 B, thus the total positive cash flow over the life of the company cold have not bee greater than about a billion, something does not compute, particularly in view of the fact that by the end of Fiscal year 2000 net equity was in excess of $7 B and is now under $5, B, to me, that means they have leaked some $2 B since March 2000. Zeev