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.

Technology Stocks : 3DO: Hot Games for Hot Machines (THDO) -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (3466)	1/27/1999 4:54:00 PM
From: PCSS	Read Replies (1) \| Respond to of 4081

John Adams, CFO, on CNBC is 3 min Michael

To: Wolf 2 who wrote (3466)	1/27/1999 5:03:00 PM
From: Bruce Prescott	Read Replies (1) \| Respond to of 4081

I noticed that accounts receivable are considerably higher this year compared to last March. Does anybody know what effect this will have on the next quarter's report? Could accounts receivable be reduced by merchants returning unsold merchandise or receiving credits for mark downs necessary to get merchandise to sell? I think someone said there were new accounting rules that prohibited companies from recording sales in accounts receivable for ordered but undelivered merchandise. Hopefully, most of 3DO's accounts receivables reflect deliveries of BattleTanx (delivered after Christmas) and not other merchandise that did not sell at Christmas. Bruce