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IAC/InterActiveCorp Message Board

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  • fun4now120 fun4now120 Jan 23, 2013 10:24 AM Flag

    I love IACI's reports by Jefferson Researh and EVA.

    I can't get that report but there is nothing weak about the balance sheet -- they have more cash than debt, strong and growing after-tax FCF, very modest cap ex relative to rev and earns, and virtually no working capital (people pay for match subs in advance and search advertising is collected monthly). That report is just wrong and if you disagree, be specific as I have been.

 
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