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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Thomas Mercer-Hursh who wrote (30392)8/24/2000 1:04:09 PM
From: Judith Williams  Read Replies (1) of 54805
 
Sorry to butt in but having recently taken TMF Rule Makers course, I perk up when a Fool starts taking apart numbers. An additional factor in SEBL's high receivables, cited in the recent profile of Tom Siebel (Fortune, I think, but memory fuzzy and don't have my files here), is SEBL's billing structure. They stagger bills, not rendering the final until installation has been lived with to get out the wrinkles--sometimes for a year.
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