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Old 09-07-2007, 09:15 AM  
ninavain
So Fucking Banned
 
Industry Role:
Join Date: Jan 2004
Location: Las Vegas
Posts: 6,268
Quote:
Originally Posted by Brad Mitchell View Post
Get outta my head! LOL

They must have one hell of a bank float earning interest with all the extra days of keeping cash in their accounts. The interest on tens of millions isn't bad if that's the float, that would certainly make sense of their low $2 ACH withdrawl fee... clearly it would be a revenue offset.

Brad
Plus holding cash to show more cash earnings at the end of the quarter is always a move by companies, Ebay, AOL, most of the big ones pull some bullshit on months following the end of quarters to show more money to stock holders
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