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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,757
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Quote:
Originally Posted by Eric Coffey
Corporate finance 101: Too much cash can be just as bad as too much debt. I am sure they will be fine, lol, but there are several reasons why having a cash position that is (much) higher than needed is not desirable.
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I agree, and it’s not easy to use a mountain of cash efficiently. They're not exactly making much money on the cash they have laying around. That leads me to believe they have a plan for it. What % of their cash is overseas?
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
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