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Technology Stocks : WCOM
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To: James Calladine who wrote (10569)6/10/2002 1:11:44 PM
From: tejek  Read Replies (1) of 11568
 
I am not long or short WCOM, but it causes me to wonder about the condition of their Receivables.

Last quarter, receivables ended up at $4.4 billion down from $6.7 twelves months earlier. Certainly, they are going in the right direction.

Having said that, I only look at Cash when determining the financial credibility of a company. Receivables are worth nothing to me until they are converted into cash.

ted
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