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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (6397)11/2/1997 10:44:00 PM
From: Dan Ross  Read Replies (1) | Respond to of 9285
 
1 point that I inadvertently forgot to mention....The company will begin keeping inventories rather than a virtual inventory so that they can vertically integrate their business rather than have the book makers getting the profits by selling direct......THE INVENTORIES WILL AFFECT THE BOTTOM LINE......Basic accounting dictates this.....They will take a one-time hit in a quarter sooner or later which will hurt earnings....

Dan Ross