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eve992

10/24/02 10:06 AM

#3023 RE: NoMoDo #3020

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