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Blue Skys

01/07/09 6:33 PM

#174128 RE: Dory #174115

Dory,
Of course what you say is true for the statment of cash flows (and cash is king for us right now), but accruals for vacations and such should already be recorded as liabilities. Therefore, I think that the layoffs will help the income statement quickly with the impact to the statement of cash flows lagging by a quarter.

Regards
Pav