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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: Bruce Prescott who wrote (3352)7/30/1998 1:43:00 PM
From: James Strauss  Read Replies (1) of 4081
 
Bruce:

Accounts receivable is money owed to THDO... When they sell products there are usually payment terms (a form of credit) that allow the customers to pay in 30 to 60 days depending upon each customer agreement... So, the 6 million dollars represents sold products...

Jim
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