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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (11113)7/7/2007 5:20:59 PM
From: Smiling Bob  Read Replies (2) | Respond to of 19257
 
RSH- balance sheet is an absolute joke
To increase cash and tout this "improvement" in their PR

Sold inventory- 310 mil less on hand YOY
100 mil less from last qtr
Receivables dropped by 100 mil
Other current assets dropped 17 yoy

Then ST Debt increased 15 mil YOY
More trickery as you go along.
Yet few analysts have the gumption to point these out.
yahoo.brand.edgar-online.com