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Technology Stocks : GX Investors Thread
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To: BWAC who wrote (51)8/21/2001 9:07:06 PM
From: Ally  Read Replies (4) of 586
 
BWAC, may be useful to cast an auditor's eye on the make-up of $2.4 billion "Other Current Liabilities". This item has stayed pretty constant since 10K and it makes up the bulk of Total Current Liabilities, painting a dismal picture on working capital. I find it a bit odd that "deferred revenue" of around $282 million in included in Other Current Liabilities, since deferred revenue is not a cash payable item, unless of course, it infers a swap. Yikes!
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