Anthony DiClemente
Anthony DiClemente
came covenant data debt gallery implies last night point quarter third violation
That Movie Gallery data point that came out last night was very ominous. It implies that for the third quarter of '05, Blockbuster could be in violation of its debt covenant again,
lousy negative reflection
I don't see this as a negative or a positive. I see it as a reflection of the already lousy fundamentals in the business.
expecting growth guidance higher looking low percentage
For guidance it's not so bad. They are looking for low double-digit percentage growth in EBITDA. We were expecting a little higher than that. We were looking for (earnings of) 16 cents.
appears burned burning cash million quarter reality second
The reality is that Blockbuster has burned through $267 million in cash through the end of the second quarter and it appears that they are still burning cash to date.