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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued -- Ignore unavailable to you. Want to Upgrade?


To: michael meyers who wrote (319)3/22/1998 9:46:00 PM
From: Robert T. Quasius  Read Replies (1) | Respond to of 547
 
Debt is OK until it becomes too high relative to equity. Remember, unlike equity, debt service drains from the cash flow of the company. This is why companies with high debt to equity ratios are considered risky. In a downturn, the debt must still be serviced.