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Technology Stocks : PairGain Technologies

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To: Bob who wrote (31496)5/19/1999 5:23:00 PM
From: BWAC  Read Replies (1) of 36349
 
Bobp,

Good question. Yahoo's number of 225 MILLION includes cash equivalents such as short term investments and accounts receivable. The MRQ method is basically anything that can readily be turned into cash.
biz.yahoo.com
Actual amounts as os 3/31/99 are:

124 Million in Cash
103 Million in Short term Investments
25 Million In Accounts Receivable
252 Million Total Cash and Cash Equivalents

And EVERYONE please note the ZERO LONG TERM DEBT. And the mere 46 Million of short term liabilities. Pair is a cash strong viable company no matter what some would like to misinform.

BWAC BW Accounting and Consulting (Your resident accountant)

PS. Maybe Jay can enlighten us all on the Psychology aspect of all the misinformation BS agenda.
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