InvestorsHub Logo
Post# of 316695
Next 10
Followers 18
Posts 1715
Boards Moderated 2
Alias Born 04/22/2006

Re: cintrix post# 48177

Monday, 02/11/2008 11:11:32 AM

Monday, February 11, 2008 11:11:32 AM

Post# of 316695
Also a reduction in receivables, I still think this is oversold and undervalued, just watching for now...

Feb 11 (Reuters) - Television set and digital camera maker Syntax-Brillian Corp (BRLC.O: Quote, Profile, Research) said it will delay reporting second-quarter results to adjust the accounting for repurchasing TVs meant for the Beijing Olympics.

...Syntax-Brillian, which also sells Vivitar digital cameras, said the inventory repurchase will reduce the company's accounts receivable in China by $99 million to about $63 million.

Just my opinion...


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.