Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (3190)	9/22/1998 9:59:00 AM
From: Edward J. Edwards, III	Read Replies (2) of 18998

Mr. Pink, Have read your thread for some time. Most interesting. Have you ever looked at the Balance sheet of PRMS. dljdirect.com Looks like Shenanigans to me. Inventories drawn down yr over yr while accounts payable and debt increases 50% to 100% respectively. EPS and Revenues increasing, yet the numbers just don't quite add up to me. Stock down from the 30s to 9 and no one can figure it out. I would appreciate just a brief opinion if you have a moment sometime. Regards, Ted

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