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Chuck Kasparov » Comments » CAL

  • Now's the Time to Buy Something [View article]
    The other flaw in your argument is that the company had a good quarter. Adding $500 million to their cash position from "financing activities" doesn't make a good quarter. They lost money ($3 million).

    If they did that every quarter - they would continue to add to their $5.3 Billion in debt, and their $356 million in interest payments per year.
    Jul 24 23:16 pm |Rating: 0 0 |Link to Comment
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