Replies to post #30 on Dean Foods Co. (fka DFODQ)

[Lotto123]

Nice DD Tony...Looks like the CFO needs to address AR and determine actual recoverables on the stated figures. Give or take any sorted misinterpritations of figures this alone would aleviate a tremendous amount of downward pressure and beg off any change in control or fiscal issues in a less than optomistic economy.

Fitch views the amendment to Dean's credit and receivables-backed facilities positively and currently believes the company's liquidity is adequate. At Sept. 30, 2010, Dean had $1.5 billion of liquidity which included $102.1 million of cash, $863.1 million of revolver availability a$481.3 million of borrowing capacity under its receivables-backed facility. Of the secured revolver, $225 million expires on April 2, 2012 while $1.3 billion is due April 2, 2014. Once the amendment becomes effective, the maturity date on the company's $600 million receivables-backed facility will be Sept. 30, 2011 versus June 30, 2011 currently.