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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (47566)2/18/2001 2:01:14 PM
From: shadowman  Read Replies (1) of 57584
 
Hi Spirit,

Don't get me wrong, I love your eternal optimism.

The one point that Fleck and others have made that has me thinking is...supplier financing of sales of their own networking equipment to their customers. The type of slowdown in earnings and revenue up and down the "food chain" could turn out to be very painful to the accounts receivable department.

This type of in house financing of customer's purchases is not confined to the networking sector. How these un-collectable "sales" will affect the financial statements of some of these tech companies going forward, remains to be seen. But I don't think it's going to be pretty.

Modern day corporate accounting has become a very creative art. It may be time to move the academic accounting departments out of the business schools and into the creative or performing arts departments in some of our colleges? They seem to have developed the capacity to turn a finger painting into a Van Gogh...with just a few strokes of the brush. So anything is possible.
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