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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (4500)2/20/1999 12:36:00 AM
From: Victor Lazlo  Respond to of 4634
 
With the co on the verge of being forced to do a secondary, Bill, I do not think this is an issue. They are starved for cash.

Victor



To: Bill Wexler who wrote (4500)2/20/1999 8:34:00 PM
From: Ploni  Respond to of 4634
 
... many nutbar investors seem to overpay for cellular-related businesses based on "cash flow" and subscriber bases. Losses are irrelevant.

I've noticed this prejudice towards high cash flow in other cases. The same nonsense seems to prop up ADLAC in cable television, and LAMR in the billboard business.