The question investors have to ask themselves is, will CenturyTel be able to generate enough cash flow to service its ballooning debt load?

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If Chesapeake really is serious about increasing shareholder value, they are going to have to use free cash flow from operations to reduce their debt load.

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This distorts the flow of capital and bank credit, and allows inefficient enterprises to load banks with their dicey IOUs.

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The wizardry in this engine is that Bentley managed to lighten up the Co2 emissions load by 15% in its engineering and physics (lighter materials and increased air flow).

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