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To: Jacques Newey who wrote (171005)9/12/2002 1:24:17 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 186894
 
", if you look at hard at cash flow and kick out the stuff that doesn't come from normal operations (things like selling a fabrication plant). Do "

Sooooo... let me understand this, you and your typewriter idiot want to subtract the cash spent for new plant and equipment but not add back the cash received for selling same.

Its jerks like this who couldn't read a balance sheet in the first place and who couldn't find an AOL if it bit them, that now distribute this garbage in an attempt to explain to the great unwashed just how smart they are.

Well, I guess it fools some. :)

Dorkamundo.

Of course, I will be the first to admit that spending a boatload of cash during an economic downturn may not be smart.

But that is a discussion of how long the cycle will last, is the money being spent on new endevors, is it being spent to reduce unit production, etc. But those are real well reasoned arguments, not the clap trap this guy throws out.