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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: The Reaper who wrote (3513)7/9/2001 9:56:04 PM
From: Michail Shadkin   of 6873
 
Kkirby - Re: IDCC

"Receivables Mar.31 were around $29 million, up from $16 million. The total sales for the company for the Dec.31 and Mar.31 quarters were ~$30.5 million. "

This is usually a great sign that the company is stuffing the channel and demand is really coming down (they might be afforing every incentive so that they can meet the number).

Giant increases in accounts receivables are always a terrible sigh of business outlook.

Michail
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