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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?

To: Paul Smith who wrote (3792)12/18/1997 9:10:00 AM
From: Roader  Read Replies (1) | Respond to of 10227
 
CS FB upgrades to BUY



To: Paul Smith who wrote (3792)12/18/1997 4:13:00 PM
From: Bubba  Respond to of 10227
 
Paul - cap ex is a negative in discounted cash flow valuation. Think of a business as a bond, but an equity bond, with the NET cash flows being the coupon. A "negative" coupon is the negative cash flow and positive is the opposite. From there its simply time value of money.

"My name is Bond. EQUITY Bond."

Fade to 007 theme.

Bubba Bond, distant cousin.


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