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To: Anne Stehley who wrote (460)12/18/1997 4:50:00 PM
From: Tae Spam Kim  Read Replies (2) | Respond to of 859
 
I want to reiterate that the high Accounts Receivable is NOT a problem.. For the quarter, Riven was out from October 31st to November 31st. (the quarter measure sales for 3 months, ending on Nov 31st).

Most A/Rs are paid 30-45 days, so since Riven has been out only 30 days for the quarter, that explains the high A/R.

Tae J. Kim
The TJK Market Letter

BROD should bump up a couple of points tommorow morning.