Bill Wexler's Dog Pound Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Dog Pound

REFR 1.847

-0.2%

Nov 14 3:50 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ynot who wrote (1581)	6/28/1999 1:41:00 PM
From: David	Read Replies (1) of 10293

IDX has been running at about break-even, a couple of cents up or a couple of cents down. So I don't understand your concern with a 'burn' rate -- it's not like the company has expenses but no income. Revenues are at about $80M per year. During the past couple of years, cash on hand has been very low, but stable. IDX does not recognize revenues until they are in hand, so I don't see your problem with "revenue recognition." Finally, there is virtually no risk of collection with its government customers, although being governments, sometimes the company is left to wait for payment. Has your DD gotten beyond this superficial and uncomprehending look at the balance sheet? Do you have any understanding of IDX's standing in its markets? Off-topic: I completely agree with you that CUST is worthless.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next