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BSX is not burning cash. They are a cash cow. Paying off debt, and buying back shares. Get lost with your B.S.
CdanajacksonYou might want to considering doing some reading before posting things like what you have posted here.This link actually calls BSX a cash cow. Article states anything over 5 percent free cash flow is considered cash cow. BSX is at 12.4 percent free cash flow according to the article.http://seekingalpha.com/article/306170-boston-scientific-has-50-upside?source=yahooacksonPlease do some reading before posting.
I'd already read that.The basic free cash flow definition -- cash flow from operations minus capital expenditures -- doesn't get to the true cash profitability of a company's core operations.Included in that basic definition are things like deferred taxes. Do deferred taxes have anything to do with the core operations of a company? No, I'm afraid I don't think so.That basic definition is more of an armchair versionof free cash flow. Again, it doesn't look at the company's excess cash, as an ongoing concern.