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 : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?

To: Doug Fir who wrote (1858)	1/28/1999 6:55:00 PM
From: Tech Investor	Respond to of 2443

But there are more :) If you bothered to look at the account payable side of things they owe about 16 million dollars in notes payable, accounts payable and current liabilities. Compared to last year, where they only had about 7 million in outstand liabilities. This is a VERY bad sign things are not going well for the company. Considering the sequential drop sales, that 10 million in account receivable and 7 million in inventory is a very big percentage of their annual sales (last year was 25 million), it might take them all year just to digest these inventory. I guess they tried really hard to stuff the channel for Christmas, next quarter will be even more dismal. Anybody else wanna comment on this?