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Non-Tech : TRND -- Back from the Dead? -- Ignore unavailable to you. Want to Upgrade?

To: BMcV who wrote (16)	1/11/1999 7:18:00 AM
From: BMcV	Read Replies (2) \| Respond to of 57

Earnings were ok, though there was some deterioration in the balance sheet. Net Working Capital (Current Assets - all debt) dropped from about $2 / share to about $1 / share since Feb 98. Accounts Rec and Inventory and Accounts Payable all went up about 20%, in line with the balance sheet growth. But borrowings from their bank facility nearly doubled, from $44 million to $78 million. They're still in good shape, with no long-term debt, but this is obviously not a trend you want to see continuing.