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Technology Stocks : NTN Communications, worth 185 million? -- Ignore unavailable to you. Want to Upgrade?

To: dwight vickers who wrote (1761)	12/9/1997 1:31:00 PM
From: Rich Genik	Read Replies (1) \| Respond to of 2985

Okay, I'll whitewash the fence. In round numbers: Accounts Payable (5.7M) + GTECH (3.9M) = 9.6M. Cash (1.3M) + Financing (7.0M) + Building Sale (1.5M) = 9.8M. So, if for some reason all of their accounts payable were due immediately, they'd be left with $200k working capital. Other liabilities (such as the accrual for settlement warrants) are listed as long term. Question is: Is this better than the previous few quarters. I'd say yes. We had a $2M working capital deficit in April. With cashflow running at 500k/month, I don't see a chapter 11 on the horizon. Rich