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Old 07-01-2008 | 12:27 PM
  #10  
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G-Dog
Gets Weekends Off
 
Joined: Apr 2006
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From: ERJ 170
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I listened to their 2Q earning call that took place yesterday. I found it odd that they had a 2Q earnings call before they have released their 1Q filing. Anyway, someone asked JO what their cash is on the balance sheet and JO could not answer at the advice of his lawyers. Played it off as he would have to put out another press release to disclose the info. I laughed when I heard that. That means you have no cash, that is how I read it.