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Technology Stocks : Identix (IDNX)
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To: marvin smith who wrote (5696)12/11/1997 5:06:00 AM
From: chaz  Read Replies (2) of 26039
 
My first time posting on your thread folks. I've read a lot of it, read the profiles, looked long at the EDGAR stuff, and appreciate all the energetic posts....but I've a question...If I read the 11/14/97
10Q correctly, IDX had revenue for the 9/30 Q of $l8.5...and receivables of $2l.9. Also, they've "written off" $1.3 in returns and bad debts. In other words, they're owed 16% more than they received, and have written off 7% of what they sold. Am I missing something? Perhaps one among you can sort this one out for me. Chaz.
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