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Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?


To: Terp who wrote (1088)10/13/1998 10:37:00 PM
From: PaperChase  Read Replies (1) | Respond to of 3299
 
Terp. Oh really.

The industry DSO is closer to 60-65 days and not the 107 days indicated by AFCI's financial statement. AFCI is either heavily backloading the quarter, or AFCI is giving very generous terms to make a sale. It is probably a combination of both. In the latter case, AFCI's customers are essentially using AFCI as their bank.

Being in denial is no way to properly manage your investments. Look at the numbers and see what they are telling you.