Replies to post #48177 on BOUNCE (BOING)

[MBoomer17]

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.