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Technology Stocks : Compaq
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To: rupert1 who wrote (55603)4/5/1999 11:18:00 AM
From: Night Writer  Read Replies (1) of 97611
 
victor,
Didn't Compaq reduce Accounts receivables fourth quarter 1997 by selling the ACs? I believe the practice is called factoring.

If that is the case, a comparison of ACs would have to remove the impact of factoring from the 1997 year to give a true comparison.
NW
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