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eve992

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eve992

Re: NoMoDo post# 3020

Thursday, 10/24/2002 10:06:07 AM

Thursday, October 24, 2002 10:06:07 AM

Post# of 14671
NoMOdo
while I understand your post, wiping off bad debt does not make your shareholders, backers and bankers (especially if they are financing receivables) happy at all. It shows you run a sloppy organization in the extension of credit, especially if you do not have reserves set aside for bad debt. this is indisputable.

My prayers to all longs

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