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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Comment by dfergu7477on Jul 24, 2008 11:04am
236 Views
Post# 15325141

RE: growth

RE: growthSST has no debt, ~$30M in cash on hand, meaningful earnings and cash flow, and a line of credit for ~$100M in place.  Time is on their side.  If it's anyone who might be strapped in terms of their ability to make deals, it's SLW.  Even with their latest gambit to raise cash, I believe SLW has a lot of debt.

The upcoming 2Q earnings report (coming out at the end of this month, I believe) will show what type of cash engine SST has built, IMO.
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