Fire sale!
9 replies (most recent on top)
is it any wonder this place is so f'd up with guys like this who can't tell what is what on the accounting side of things. Impressive...
Look at the balance sheets over the last 5 years and say that again without laughing as hard as I just did
If you only knew what you were talking about. Increase in PPE under $10M. Increase in accumulated depreciation is more than $27M.
LOL...ROFLMAO!!!!
"It's 80 million smaller because the rate of depreciation is greater than replacement."
Look at the balance sheets over the last 5 years and say that again without laughing as hard as I just did.
It's 80 million smaller because the rate of depreciation is greater than replacement.
You did three years ago, that's why PPE is 80 million smaller now than 2011 . Do you REALLY think the remaining is computers and furniture? BWAHAHA
If CCi had 85 real estate properties, we'd be hearing about sale and leaseback.
Me too, CCI will be all gone by 6 months tops. They will sell 85 real estate properties and start immediate layoffs next week, the first of many.