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To: Brad Rogers who wrote (363)3/6/1998 9:21:00 AM
From: MikeM54321  Respond to of 5853
 
Mike and Brad or Any Others,
From the fundamental point of view, what about the amount of debt CYMI has? In the 3rd quarter of last year it picked up a whopping $172.5 million in long term debt! It has a debt/equity ratio of 1.47! This is very high. It is just scary to see this kind of debt because it makes it more vulnerable to any hit in revenues. Just like the current Asian crisis. What do you guys think? Any worries about servicing this debt? Maybe that's part of the reason it took such a hit recently? I could find this all out with the 10Qs but just thought you may be able to shed some quick light on the subject and save me a bunch of time.
Thanks,
MikeM(From Florida)