Acrodyne (ACRO) is one of two pure plays in the TV Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Acrodyne (ACRO) is one of two pure plays in the TV

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Florin who wrote (1146)	9/10/1998 6:53:00 PM
From: Mr.G	Read Replies (2) of 1319

There was a $1.8 mm swing between this year and last, requiring a $1.2 advance against the credit line and a total decrease in working capital from $3.0 mm to $2.1 mm in this quarter. Where are the payments for the products? Could this be work-in-progress ? Does ACRO book revenues at the time of receipt (ie down payments, work-in-progress payments) or at order completion? I know this was discussed before but I don't remember a definitive answer. BTW, I owe you an apology on last earnings!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next