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Alias Born | 02/05/2008 |
Thursday, March 26, 2020 10:02:02 PM
"we expect our cash balances on hand, plus availability under our existing credit line, to provide sufficient liquidity to manage the business, while supporting the surge in ecommerce demand. ......"
Good,what he is telling you:
liquidity is good
no demand destruction,as a matter of fact,there is an increase of demand.
my concern:
all figurative speech,no numbers,and does not correlate to the published reports(reservation numbers,cheesecake factories,and 3.3 million unemployment claims).
bottom line:
If he is telling the truth,then I am lying.
If he is telling a lie,then I am right.
next ER:
Best q of the year,I expect a loss of -100k.
1q 2021:
1/3 stress test of the business,cash down,a/r up,expect a loss of -250k+.
2q 2021(full pandemic effect):
full stress test,"emperor has clothes" or "emperor has no clothes" be decided,expect a loss of -500k,and a delta of -1 million bucks.(plus a/r +500k)
3q 2021:
pre RIP
4q 2021:
RIP
ps-I hope Sam has the sense keeping working distance of 6' apart among its employees at work.
ps2-sorry Sam I am on your nerve.Show me you are not all talk and can deliver,a pr to save your own skin just don't do it
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