Path: utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!tut.cis.ohio-state.edu!rutgers!cunixf.cc.columbia.edu!cunixa.cc.columbia.edu!cmm1 From: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz) Newsgroups: comp.sys.atari.st Subject: Re: Atari Financial condition Message-ID: <1990Mar23.010055.12116@cunixf.cc.columbia.edu> Date: 23 Mar 90 01:00:55 GMT References: <1990Mar21.215753.8966@chinet.chi.il.us> <1990Mar22.071155.5496@cunixf.cc.columbia.edu> <1990Mar22.203850.18436@murdoch.acc.Virginia.EDU> Sender: usenet@cunixf.cc.columbia.edu (The Network News) Reply-To: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz) Organization: Columbia University Lines: 30 Your posting was rather annoying, as I TOLD you that I was going to send you the complete financial report when I got it into computer-readable form (which I have just completed today). For your information, the company's debt/financial worth ratio is roughly 3 to 1. I would call that HIGHLY leveraged wouldn't you? Not only that, but they have been consistently delaying payments to their suppliers (not a good sign) and have been REFUSED credit in the recent past because of it. They are MUCH less liquid than most companies in their industry and they have a very sluggish turnover in inventory. Also, it doesn't help matters that their main trade facility is denominated in Yen (I believe it was for ~US$13,500,000) and thus will buy less in every market ecxept in Japan as the Yen depreciates. I'm a bit tired so I'll save the rest of reality for later. I wasn't trying to delay this information and I resent your implications that I was somehow lying. The facts speak for themselves, Greg. Wake up and smell the coffee. Have a nice day. Chris ------------------------------+--------------------------- Chris Mauritz |Where there's a BEER, cmm1@cunixa.cc.columbia.edu |there's a plan. (c)All rights reserved. | Send flames to /dev/null |Need I say more? ------------------------------+---------------------------