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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST
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To: Demosthenes who wrote (3186)6/7/1999 10:56:00 PM
From: Ian@SI  Read Replies (1) of 3696
 
D,

In partial answer to some of your queries, the CFO is a crucial role in any multi-million dollar corporation.

They are key in ensuring the rest of the corporation's processes are optimized from a financial perspective.

e.g. - that best prices are received from suppliers;

that adequate margins are made in sales to customers;
that receivables are collected in a timely fashion;
that financial risk is mitigated;
that products have adequate margins;
that inventory level is appropriate for the business activity;
...

Essentially, a good CFO can bring out all that is great in a company and have it reflected in its stock price.

And I presume that's part of what Art has in mind for Bruce.

Ian.
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