SI
SI
discoversearch

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


To: Sir Auric Goldfinger who wrote (713)11/16/1998 3:00:00 PM
From: TRIIBoy  Read Replies (1) | Respond to of 19428
 
I was hoping for an NT, ehhh, can't get every wish.

Just going through the 10-Q, I cannot help but laugh at the inventory figures.

Components in transit is up from $6 million in Sept. 30 1997 to $16.6 million on Sept. 30.

And that is just one tidbit.

Are these parts circulating thru the rainforest, or on planes, trains or automobiles?



To: Sir Auric Goldfinger who wrote (713)11/16/1998 4:54:00 PM
From: TRIIBoy  Respond to of 19428
 
Another interesting factoid with VTCH:

accounts payable now represents the last three quarters of sg&A expense.

And another interesting one:

Net income trailing twelve months is $16.35 million, while growth in current and non-current other assets is $10.25.

BTW other assets is up 554% in last twelve months. Inventory is up 85.1%, and it goes on and on.

I may have to wait on this one, but when they cannot cook the books any longer and the slowdown hits them, this stock will sell at $3 and go bankrupt if daddy does not come to the rescue.