ADFLEX SOLUTIONS ( AFLX ) Message Board

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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: Robert Wuj who wrote (589)	3/5/1999 11:51:00 PM
From: Douglas V. Fant	Read Replies (1) of 718

Robert, Good point- I misread the press release on the ($0.03) figure... Since AFLX has a substantial portion of its costs fixed, those costs will not vary proportionately with throughput. Anyone with an accounting background here- will all costs related to the Thai Plant be capitalized or are some costs expensed? What I'm trying to get at is- will cessation of the building program/construction activities in Thailand impact AFLX's cost side of its quarterly report this quarter? That was a substantial cost previously.... See note from last quarter's earnings reelase: "The Company generated a positive $3.0 million net cash flow from operations during the quarter primarily as a result of aggressive inventory and receivable management and by negotiating extended payment terms with suppliers. Net bank borrowing increased by $7.9 million during the quarter primarily due to the pay down of bank term debt and funding of construction activities for the new factory in Thailand."

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