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Technology Stocks : CHNL - Channell Commercial Corp.

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To: Cousin Bob who wrote (10)8/12/1998 4:21:00 PM
From: Jim Cunningham  Read Replies (1) of 21
 
C'Bob:

Have you had a chance to take a look at the earnings report?

Receivables and inventories have ballooned since the end of last year. Is this mainly attributable to their acquisition of Egerton?

Also, what does a $9.2 million bank overdraft imply? That doesn't sound too good. The release brings up more questions to me than it answers. Just looking for help figuring it out. Thanks

Jim
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