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Shame on me, I haven't looked at the numbers since taking a small CNS position after the HG issue.

One factor does spring to mind for me, though, which is that *maybe* some of that big variation in cash flow can be explained by a couple of factors I remember from the last conference call.

Seems to me they spoke about seasonality (spring and summer, I believe, not being so hot) along with the need to step up some expensive advertising at certain times of year. If you combine expensive ads with the slow sale quarter, you might get some seesawing.

Just guessing here.
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