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HDGabor

01/12/15 8:57 AM

#40814 RE: ggwpq #40813

Looks like, but wait till the details. Maybe it was a result of one time item as in Q3 ($4,8M tax return).

$50M sounds good, but I am a little bit more conservative (pessimistic), since this year CF was helped by inventory (app. +$20M) and it will be +/- 0 in next year.