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To: Q. who wrote (19808)	6/30/1998 8:55:00 AM
From: Rick Bullotta	Respond to of 31646

Generally, in the industrial automation market segment, customers are notoriously slow payers. As a result, when revenues grow significantly, because of the time lag, AR would appear to increase disproportionately. There is also usually a percentage of revenues towards the end of a fixed-project that are disputed as to whether or not they were "in-scope", further delaying payment. All in all, merely a timing issue. John Jenkins is a former controller, not a "game player", and would absolutely, positively not allow any questionable accounting practices. Time to end this thread of discussion.

To: Q. who wrote (19808)	6/30/1998 9:18:00 AM
From: JDN	Read Replies (2) \| Respond to of 31646

Dear John G: 1. if you look at the cash flow statement in the category of cash flow from operations you will find that it is actually POSITIVE, as I recall, before an offsett of approx 8 million (forgot exact number) which is labelled operating "OTHER" which VERY LIKELY is the cost of the Planty2kone or whatever its called. 2. when a companies revenue is rising rapidly and such rise occurs NEAR THE END of the quarter it is not unusual for Accounts Receivable to look a little strange. Hope that answers your questions. JDN