re: huge positive cashflow $$$$$$ Homersimpson, last week I...

  1. 390 Posts.
    re: huge positive cashflow $$$$$$ Homersimpson, last week I brought this to attention of hotcopper. Yes Keycorp last quarter had a cashflow of $10.5M with revenues of $29.581M. March qtr cashflow of $9.2M with revenue of $29.5M. They are paying down debt at a much quicker rate. The stock has been steady for a long time with very little volume traded. The results come out end August. The company's last forecast indicated they would have a positive EBIT result. No profit warning has been released to change their forecast so I am expected a pleasing result. Keycorp are in a much stronger position today fnancially, than when we had the tech boom. They are in a growth phase and sources close to me expect the smartcard industry will take off in 04/05. I notice Catuity, IHG have doubled in price in the last month not to mention other tech stocks with little substance behind them. Big volume today. I would like to find out who was buying. Patience, patience.
 
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