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To: Frodo Baxter who wrote (3294)5/23/1998 2:16:00 PM
From: Dennis R. Duke  Read Replies (3) | Respond to of 5058
 
Prissy, risk adverse.....

Try building your own Cobra and driving it on tracks like Sears Point, Thunderhill and Laguna Seca. I am anything but risk adverse. On full margin and fully invested in this market. Prissy, maybe. I am spending time to respond to your note.

But calculated risks are how one gets rewards....

BTW, if this quarter is breakeven or better cashflow will be either not impacted or improved depending on capital spending. The reduction in turn around time in future products from their production process changes will increase inventory turns and reduce cash needed for inventory. I forget the percentage reduction in the build cycle, it is substantial and is commented on in one of my prior posts. Frankly, those things apparent to me, so I did not focus on the debt issues. Because as a CFO type I can see cash flow improving already.

IMHO, Dennis