Replies to post #48968 on Zeev's Turnips Patch-No Politics (ZEEV)

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Zeev - SEMI - THe last BS I see shows their AP quite a bit higher than their AR, and the differences dwarfs their cash position. Their tangible book is made up of inventory, which you say they are "controlling tightly", but what happens if they have to write it down? One good-sized write-down could wipe out tangible book value...