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Technology Stocks : Anyone heard of VITECH AMERICA

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To: UPAL who wrote (17)2/21/1997 2:10:00 AM
From: Clifford Topel   of 23
 
I looked at the most recent financials. They look very solid. The only problem I see is their recievables which are out around 50 days (I think I read that as part of the 10Q). They need to do a better job of collecting or will hurt cash flow. This is the kind of stock that can move very fast upward and if you don't get off, will ride it all the way back down. I would like some feedback about the financials before I decide to pull the trigger.

Thanks, Cliff
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