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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: akmike who wrote (51251)	5/6/2002 2:31:49 PM
From: EnricoPalazzo	Read Replies (1) \| Respond to of 54805

Thanks again for an informative response. You wrote: Inventories were expanded to ramp the ENEL contract (from 6-10 mil.) receivables went from 10-29 mil. This will correct itself as the revenues gain and inventory and receivables steady. Finances are strong with no funded debt and one year's plus of cash in the bank. I take this to mean that you expect cash flow due to changes in accounts receivable to be strongly positive in the next few quarters? Ethan