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Enron Mail |
"In addition, we are pursuing sale-and-leaseback negotitations for an
aggregate of approximately $50 million for ten of our stores. These sources of additional funds, along with internally generated cash flow (what internally generated cash flow???), will provide us with an ample financial foundation to continue to underwrite our growth over the next several years." Exhibit 4, "A Letter to Our Shareholders." Top of second column of page. Best, Jeff "Mark Guinney" <Mark_Guinney@watsonwyatt.com< 02/08/2001 09:51 AM To: "Jeff.Dasovich@enron.com" <Jeff.Dasovich@enron.com< cc: Subject: Re[2]: Re[2]: Home Depot Memo - Revised Where are you getting this $50m figure? ********************************************** Mark D. Guinney, CFA Consultant Watson Wyatt Investment Consulting 345 California Street, Ste. 1400 San Francisco, CA 94104 (415) 733-4487 ph. (415) 733-4190 fax ____________________Reply Separator____________________ Subject: Re: Re[2]: Home Depot Memo - Revised Author: Jeff.Dasovich@enron.com Date: 02/08/2001 1:32 PM I was thinking that it gives them $50M up front (the sale), and then they'll only have to make installment payments for the leases.
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