Quote:
Originally Posted by Strange Brew
Yes I am with you. I believe him.
However one little morsel of information can be rather misleading without context and full disclosure. So its kind of useless on its own.
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Agreed.
I didn't see them as a big money making operation from the Forbes money anyway, so slipping a few notches with the exchange rate could easily be the difference.
Plus we don't know their hedging activity. Maybe they hedged out the past two hockey seasons in advance and those hedges ran out because they weren't far reaching.
The difference between paying and receiving is as little as $10M in operating income.