Blackboard, Inc. (BBBB)

echofarmer (95.49) Submitted: 10/31/07 3:35 PM : Start Price: $49.24 BBBB Score: -11.95

I like all of the financial fundamentals save one: the recent borrowing of $160M. So the bottom line is going to be what this company does with these borrowed funds. So far, the execution has been pretty good. Also, considering that cash and ST investments still outweigh total debt, there seems no need to panic. But debt must be kept under control from here on in if they are going to use it to finance growth down the road.

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