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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (9130)	5/22/1999 10:33:00 PM
From: jtdiii	Read Replies (1) \| Respond to of 18998

Mr. Pink, what is your opinion of PTEK ?

To: Mr. Pink who wrote (9130)	5/25/1999 8:08:00 AM
From: Daniel Chisholm	Read Replies (2) \| Respond to of 18998

Re: SBTK, Hmmm, Mr. P$nk notes it, and now Herb Greenberg: thestreet.com selected snippets (subscribe if you want to read the whole thing): With average receivable days outstanding leaping to 178 days (or half a year) from 108 days the prior quarter, and inventories nearly doubling to 406 days, this is an all-out code blue. ...in its recent 10-Q: "Cash used in operations is primarily attributable to reduced cash receipts resulting from extended payment terms offered to specific international and domestic customers. Payment terms with customers range from net 30 days to more than one year in some cases." Mr. P$nk said ....Never was there a worse balance sheet. I didn't really clue in to the fact that He was Most Serious. Guess it's time to start paying attention... - Daniel