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Technology Stocks : Portal Software, Inc. (PRSF)
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To: Keith Monahan who wrote (197)5/21/2001 5:09:46 PM
From: PaperChase  Read Replies (1) of 318
 
Yeah, their CFO is ready for medicare coverage. <LOL>

From PRSF's 10K:

"Jack L. Acosta...... 53 Chief Financial Officer and Vice President, Finance"

I would expect that 50% to 60% of their receivables will be written off in a later quarter. Don't expect the auditors to do their job, otherwise, we wouldn't have messes like Learnout and Hauspie. If there are phantom receivables then there is phantom revenue. Be careful here.
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