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Technology Stocks : Compaq

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To: Thomas Dremel who wrote (17338)2/12/1998 7:42:00 PM
From: Mohan Marette  Read Replies (1) of 97611
 
Thank you Tom.D C.P.A, where were you this morning when we needed you. <gg> Oh well, better late than never. Well said Tom.

Factoring acct receivables makes sense if it improves profits - this is Mason's reasoning as CFO. I don't think the WSJ writer knows diddly about finance and how to improve the balance sheet. Nothing but garbage info from the article. Nothing to worry about, the stock will bounce soon.
Tom D (CPA that understands factoring as a way of improving the balance sheet)
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