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Microcap & Penny Stocks : CardioDynamics (CDIC) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (110)1/24/2001 11:13:20 AM
From: tuck  Respond to of 201
 
TexasDude,

>>Why would they book 1/2Million for bad debt? Hard to believe that hospitals and doctors aren't paying their bills.... <<

Was wondering that myself. Going to have to look at the 10-Q (not yet up per 10-K wizard). I might call manangement when I get back late next week (leaving tomorrow morning), if that and a couple of other red flags aren't cleared up by then. Local call for me. Any other questions, folks?

Cheers, Tuck



To: Arthur Radley who wrote (110)6/25/2001 9:27:56 PM
From: tuck  Read Replies (2) | Respond to of 201
 
TD,

>>Why would they book 1/2Million for bad debt? Hard to believe that hospitals and doctors aren't paying their bills.... <<

Never did get around to calling these guys about that. On the theory that bad things come to those who wait . . .

Well, I got the annual report today. The bad debt allowance involves receivables for custom BioZs & related inventory made under a collaborative agreement for privately held Profiles for Life. Apparently they're not doing well and are unable to pay.

Trying to be patient.

Cheers, Tuck