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Non-Tech : Just For Feet (FEET)

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To: Mark T. Heath who wrote (344)9/23/1997 8:47:00 AM
From: Walter High   of 750
 
Mark:

I spent a little time looking over the latest 10-Q. I can't figure out where about $75 million disappeared to since the previous 10-Q, but then I am no accountant. I find the terminology of the report confusing also, as it refers to "working capital" in one place, then refers to "cash on hand" in another. It makes it difficult to add up the figures and see what is going on. The 10-Q doesn't have a balance sheet attached (at least the one I looked at under the FEET press releases). Maybe if I visited the SEC's site, I would find better. Just haven't had the time.

Why didn't you tell me about MTIC last week!? I am afraid of it at 14 since it has run up from 2 in just half a year. Hope you got in early.

Walter High
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