Companies with good cash flow are hoarding their cash and not spending it or hiring more people.

FORBES

So his team is positioning the fund for the future by investing in telecommunications companies with good cash flow - likely candidates to benefit from the convergence of telephony and computers.

CNN: SAFE PORT IN A STORM

Although the remaining print business is in a steady state of decline, the combined businesses generated good cash flow with attractive EBITDA margins of over 41% in the quarter ended March 31, 2013.

FORBES: What's The Story With Dex Media And Why Is It So Darn Cheap?