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To: Rambi who wrote (225)	7/20/1999 10:43:00 AM
From: Alexander Pavlov	Respond to of 295

Hi glad to see signs of life on the board :o) Here is repost of my message at Yahoo, I wonder if the issue of A/R was addressed at CC... ======== My data goes from Microsoft investor: (latest 5 quarters): Sales: 72.2; 69.1; 89.1; 72.2; 64.1 A/R: 66.5; 59.8; 76.7; 56.6; 51.8 Sales (TTM) increase 8.1 or 12.6% A/R (TTM) increase 14.7 or 28.4% Thus during recent 4 quarters A/R were increasing faster than sales both in absolute figures (14.7 vs 8.1) and in relative way (28.4% vs 12.6%). I wonder if this issue was addressed during CC? (RealAudio Player runs to choppy at my place) TIA, Alex =======