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GE_Jim

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GE_Jim

Re: mack12 post# 39447

Saturday, 08/02/2003 2:39:58 PM

Saturday, August 02, 2003 2:39:58 PM

Post# of 433131
Mack,


It was just an opinion, nothing more.

Regarding being surprised. Well I don't know what I can say. I try not to invest in companies that are that heavy in debt. Everybody has things they don't like. That's one of mine. Their assets, cash, are falling. They're projected to lose over 4 dollars a share this year and almost the same 3.88 next year. { again just projected} Cash flow is important to me. Buying into the company now means I'm buying 6 dollars a share of debt that's increasing and assets which are decreasing. I don't like to do that.

They could have a very bright future, just too soon for me to get into it is all.

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