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Doral Financial Corporation Message Board

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  • rispleen rispleen Dec 10, 2006 10:18 PM Flag

    distressedinv

    I'm surprised you did not respond to my question -- maybe you were away today.

    Here is some information I subsequently posted. This data doesn't look good to me but I would love to hear your analysis of the report.

    The following are some of the key items from Doral's FR Y-9LP filing with the Federal Reserve for September 30, 2006. This is public information so it is available to everyone.

    Dollar amounts are in thousands.

    Net loss.......................................66,461

    Net cash provided by operating activities....2,864,358
    Net cash used by investment activities.........195,135
    Net cash used from financing activities......2,967,847

    Net decrease in cash/cash equivalents..........298,624

    Cash/cash equivalents, beginning year..........470,496
    Cash/cash equivalents, ytd.....................171,872

    I believe I copied these numbers correctly. Please check for yourself and please review the whole report.

 
DRL
10.02-0.08(-0.79%)Apr 17 4:04 PMEDT

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