Anthony DiClemente
Anthony DiClemente
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.
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.
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.