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ModusLink Global Solutions, Inc. Message Board

  • rhaskins1950 rhaskins1950 Oct 10, 2006 4:16 PM Flag

    Nice increase in CASH position!!

    As of July 31, 2006, CMGI had working capital of approximately $282.2 million compared with $224.6 million at July 31, 2005. Included in working capital at the end of the year were cash and marketable securities totaling $228.7 million. The increase in cash included $16.6 million of cash generated from operations and $29.7 million of net proceeds from @Ventures, partially offset by capital investment activities during the year.

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