Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (3206)	9/23/1998 12:08:00 AM
From: Pink Minion	Read Replies (1) \| Respond to of 18998

Comments on Richard Ney and his conspiracy theme. Subject 17753 It sure does look like the MM's are forcing a squeeze with TNSI. Mr. B

To: Mr. Pink who wrote (3206)	9/23/1998 8:39:00 PM
From: Michael Bidder	Read Replies (1) \| Respond to of 18998

Thank you Mr. Pink, The highest DOS's in the industry! Congratulation on your choice of overvalue! When you add up the trade receivables, unbilled receivables and long-term receivables, the company has the longest day sales outstanding in the industry," the hedge-fund manager says. By dividing this total figure -- $52.9 million in total receivables by average daily revenues for the quarter of $415,384 ($37.8 million in revenue divided by 91 days for the quarter), he calculates LHS Group's real DSO is 127 days, not the 85 that the company claims. Maybe we will get a comment from the company. Michael Bidder