<<VTSS did say that conditions are not getting worse and not getting better.>>
Great, things haven't gotten worse since they warned 3 weeks ago!
www2.marketwatch.com;
Actually, the CEO put it a tad differently:
biz.yahoo.com
``I have never seen a drop as precipitous as the one we saw from the end of February to the beginning of April,'' Tomasetta said.
...and how much of their currently swelling inventory and AR figures are being counted as current revenue?
biz.yahoo.com
Condensed Consolidated Balance Sheet Data
(in thousands, except per share data)
as of March 31, as of Sept. 30,
2001 2000
(unaudited)
Assets:
Cash and investments $ 923,474 $ 978,314
Accounts receivable, net 131,796 113,172
Inventories, net 64,422 43,715
Other current assets 23,967 20,699
Property and equipment, net 230,786 141,874
Other assets 604,905 603,292
Total assets $1,979,350 $1,901,066
...time to load the boat!<G> |
