Friday, January 12, 2001 9:43 AM
I am not going to hate on Six Flags but with all the new things they are doing with buying Sea World and things, how much money do they have. Are they getting all the money they spend back with park fee or are they in debt big time?
Number 1 And Only Cedar Point
Friday, January 12, 2001 10:04 AM
I have no idea. But I hope when people answer this they provide facts and evidence to back it up, rather than more mindless speculation. I hear they are in some pretty serious debt, but have yet to see any documentation of that. And with all the current spending going on, I have to wonder if there is more here than meets the eye. Something under their sleeve that we just can't see.
Life's too short! Let's go ride some coasters!
*** This post was edited by Simcoaster on 1/12/2001. ***
Friday, January 12, 2001 10:47 AM
According to the financial stats I looked up on E-Trade, their debt was significantly higher in 1999 than the years prior, but so was their income. I suppose if I really wanted to dive into all that math, I could be more specific, but I only looked in passing.
Webmaster/Admin - CoasterBuzz.com
Friday, January 12, 2001 4:40 PM
Even though SF just bought SW for so much, they really have been more conservative this year...so far... in terms of spending $ on new rides.