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Non-Tech : Auric Goldfinger's Short List
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To: Sir Auric Goldfinger who started this subject1/17/2002 1:19:52 PM
From: GREGG M. AKIN  Read Replies (1) of 19428
 
Herb Greenberg say......A Dim View of Spectrian's Sunny Outlook

By Herb Greenberg
Senior Columnist
01/17/2002 12:52 PM EST

What's its secret? Its third-quarter balance sheet, released with earnings Wednesday, pretty much tells the story: While sales are up 25% sequentially, receivables are up 70%, payables shot up 60% and prepaid expenses leaped 143%. Anytime receivables, payables or prepaid expenses rise faster than expenses (which rose only 1%) -- anytime -- it's troublesome.

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