10Q is out. Does anybody know the story behind the accounts
receivable? A/R has gone down tremendously in the last 9 mos., and it
isn't due to a decline in revenues. This is apparently good news, but
I just wonder why this has developed.
If it weren't for the decline in A/R, they would be burning cash.
June 28, September 30,
1998 1997
---- ----
ASSETS
Current Assets:
Cash and cash equivalents............................. $ 34,472 $ 27,615
Marketable securities................................. 1,316 2,642
Trade accounts receivable, net........................ 33,020 71,549 |
