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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (147)	9/2/1998 1:25:00 PM
From: Early Out	Read Replies (1) \| Respond to of 19428

VTCH up almost 40% today, news other than a dead cat?

To: Sir Auric Goldfinger who wrote (147)	9/2/1998 1:38:00 PM
From: Steve Smith	Read Replies (2) \| Respond to of 19428

Mr. Goldfinger, Any reasons why for the bounce today? steve

To: Sir Auric Goldfinger who wrote (147)	9/2/1998 4:49:00 PM
From: TRIIBoy	Read Replies (1) \| Respond to of 19428

I couldn't get an uptick on the stock to short today, but hopefully I will tomorrow, thanks for the tip. Also, I think that the real issue here is inventory. By my analysis inventories have jumped 132% yoy and 46% sequentially versus a sales jump 70% yoy and 14% sequentially. Especially perplexing is the fact that "components in transit" has been up over 100% for two straight quarters and that finished goods inventory is up nearly 1000% since last year and 47% sequentially. The company sold its A/R for about $70 million to some offshore company, but i beleive they are still liable for it. Also, VTCH has a history of delaying its 10-Qs and 10-K, three times in fact in the last year. Not to mention Latin American risk...