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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Prescott who wrote (3352)7/30/1998 10:54:00 AM
From: Don Westermeyer  Respond to of 4081
 
Bruce,

I'm not sure how the accounts receivable is made up.

They probably 'sold' to the stores, however sometimes stores can return merchandise for credit.

I hear 3DO has a couple of good sellers. It would have been much worse had those titles flopped like Uprising.



To: Bruce Prescott who wrote (3352)7/30/1998 1:43:00 PM
From: James Strauss  Read Replies (1) | Respond to of 4081
 
Bruce:

Accounts receivable is money owed to THDO... When they sell products there are usually payment terms (a form of credit) that allow the customers to pay in 30 to 60 days depending upon each customer agreement... So, the 6 million dollars represents sold products...

Jim


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