tag:blogger.com,1999:blog-3831336050432377467.post5463435997129086449..comments2023-05-17T04:29:24.591-05:00Comments on DMNcuts: About AH Belo and EBITDADMNcutsadminhttp://www.blogger.com/profile/04656155776293093412noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3831336050432377467.post-89768867518893614262009-03-25T10:25:00.000-05:002009-03-25T10:25:00.000-05:00This is the take from a veteran business consultan...This is the take from a veteran business consultant: "One thing that I quickly noted was that the auditors did not render a going concern opinion (dated as of last week) so they think after all their analysis that the company going down is not likely in the next twelve months (ending March 2010). This analysis is very detailed and subjected to a lot of skepticism, so the evidence that the lenders hurdles will be met must be pretty likely in their eyes."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3831336050432377467.post-21363435105714060092009-03-24T15:34:00.000-05:002009-03-24T15:34:00.000-05:00Considering the downward spiral of print media -- ...Considering the downward spiral of print media -- something I know from experience even the people brought into the company in the last year for the explicit purpose of bailing A.H. Belo out are in denial about -- it seems as if the banks would indeed find themselves co-owners of a dying breed. The only thing that might save the company is Texas credit laws...if they apply to companies like they apply to individuals, the worst thing Chase and BOA could do would be ruin the company's credit.<BR/><BR/>The spinoff was really kind of stupid if the board actually expected to save the papers, but a stroke of luck for BLC. That arm of the company went necrotic quick.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3831336050432377467.post-50630801021161264342009-03-24T11:33:00.000-05:002009-03-24T11:33:00.000-05:00I think this is why we're paying for our own pizza...I think this is why we're paying for our own pizza.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3831336050432377467.post-80082424013889412082009-03-23T19:32:00.000-05:002009-03-23T19:32:00.000-05:00I don't see how they even have the cash-on-hand to...I don't see how they even have the cash-on-hand to operate. It looks like the first milestone of MINUS $4 million will be tough enough but to make a $10 million swing in 3 months? I'd say Chase and BOA will soon be the proud owners of a daily newspaper. You think the Belo managers are bad try working for bankers; I have done both. God Bless you everyone.Anonymousnoreply@blogger.com