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$SNX's cash used in operations was approx. $9MM in 3Q16. At the end of 3Q16, between cash and credit facilities, $SNX had over $1.4Bil available to fund growth. Capex for 3Q16 was $28MM, primarily due to continued Concentrix facility expansion. The trailing four quarters ROIC was 9.6%.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!