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Cenveo Inc. Message Board

  • rotary_iceman rotary_iceman Apr 23, 2013 10:14 AM Flag

    General, Admiral, et al a call for input

    General, Schwartzkopf, Admiral, et al -
    Long time since active postings from this respected group has occurred. What are you seeing?
    Has porcine one, who played football without a helmet, hit bottom? Is a turn on the way? Or, will the spin renew (coulda, woulda, shoulda)?
    Do you see what is obvious? In 2 years, LTD decreased from 1.28B to 1.17B. Cash is down from 50MM to 8MM (on the backs of trade vendors - which is up 17MM)? Interest expense grew to the point where in 2012 it exceeded earnings before interest and taxes?
    Oh, and what to do about that 400MM of goodwill and intangibles?
    I smell another round of spin.

 
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