TO:
Bearded One
Bean Counter
Leo
Thank you for responding to my post.
OK maybe my post was a knee jerk reaction.. Maybe my response was emotional. But it seems that I remember from a Marketing class that basically all decisions are made on an emotional level and then justified on an analytical level.; rather than the reverse.(i.e. I bought the RED Cadillac, but it gets good mileage for a car it's size, and it was a DEMO , got 6,000.00 off the sticker.ect.
I realize that A/R, inventory, A/P all affect Cash Position ect. But we at this point we don,t know the parts we just know the sum. For me , a company with a 77% gross margin , with A/R of three months of sales, with sales increases of 15% or so that cannot show an increase in their cash level Q to Q is being mismanaged.
Also WP 8 , was to be their favorite son, their shining star, and they , first raised prices on it sticking it to who, the people that were already sold on it;. then spent an exhorbitant amount of money on it in advertising, swinging for a home run and really ending up with a single at best.
Still looking for an entry point, again thanks for the response.....gregor |
