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Gold/Mining/Energy : Goodfellow GDL on MSE
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To: Gordo who wrote (70)2/25/1998 12:56:00 AM
From: Scott Mc  Read Replies (1) of 120
 
Gordo, I took a look at their most recent Q, and Im not concerned, after all their total assets have increased by approx 15% Y over Y, yes inventory levels are high, although that is probably a business decision, these type of products don't usually depreciate too much, its not like a warehouse of computers or software. So yes Revenues are up dramatically, inventories up as well, I believe this mananagemnet knows what they are doing, E.G. Im hoping all that extra inventory was cross arms and electrical poles :) Scott
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