Eric Fry Quotes

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Even if it manages to avoid breaching its covenant this quarter, the company may not be able to forestall the debt-covenant day of reckoning much longer, as long as its EBITDA continues to erode, ... And that is the substance of our story - that Gap is flirting with a serious liquidity problem.

Even if it manages to avoid breaching its covenant this quarter, the company may not be able to forestall the debt-covenant day of reckoning much longer, as long as its EBITDA continues to erode, ... And that is the substance of our story - that Gap is flirting with a serious liquidity problem.

- Eric Fry ,

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