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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (44633)1/26/1999 11:25:00 PM
From: RealMuLan  Read Replies (4) of 132070
 
Mike: if you think Dell had a blowout growth in receivables last quarter, then this quarter might be worse. The reason: they start to offer Dell credit card with 0% interest no payment in 120 days on Dell system purchase. And better yet, you earn rewards toward future Dell systems. A lot of their individual customers take advantage of this. Although I don't know much about the balance book, I would say this type of sale should be under account receivable.
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