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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Chuzzlewit who wrote (60739)8/25/1998 12:19:00 PM
From: Rich Young  Read Replies (1) of 176387
 
OTOTOTOT:

That's more complicated than I've heard before. Don't they just sell the right to collect on an account at a discount to face? Also, wouldn't you only factor A/R you thought you wouldn't collect in a timely fashion (if at all) and not accounts that are not even due yet (unless you're truly desperate for cash)?

There is a debate raging on this very subject over on the TLC thread, by the way. Confusion over this issue has sliced about 25% off TLC in the last few days.

Rich
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