qummedup---The company issued a news release. Do you think they lied about 1.2 billion in free cash flow. I don't think so. With that their debt will be at 4 billion or lower by the end of the year. That is a major accomplishment. You cant deny it. Its a fact.
No they are not going to lie but that cash flow is horrible compared to last year or the year before. You can verify this by clicking the cash flow tab under financials in Yahoo Finance. Next, the debt will not be under $4 billion by the end of the yr as they have Short/Current Long Term Debt of $504 million plus Long Term Debt of $4,934 million equals about $5.5 billion in debt. All cash flow does not go to service debt so again you are wrong. Finally, I am still waiting to hear from you- Who are these world class leaders that Elliott brought to BSC???????
This is very simple - Elliott got paid a huge amount of cash, bonuses and stock his first year. Now he's bailing and coming up with ridiculous claims of how he turned the company around. Right...... What a joke!