SI
SI
discoversearch

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.
Technology Stocks : Prophet 21 (PXXI) - Way Undervalued!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Katz R Us who wrote (108)9/15/1999 6:54:00 PM
From: Dale Stempson  Read Replies (1) of 165
 
Latest PXXI 10K report is available today.

Brief version at:

biz.yahoo.com

Complete filing at:

freeedgar.com

a couple of items perhaps worth noting (from my brief scan this afternoon)...

shares outstanding as of 8/31/99 is 3,593,613 - holders of record was 185 - beneficial holders was 1,450

Wholesale is targeted for companies (greater than $100m)

markets to 70,000 distributors/wholesalers in US & Canada - sold over 2,600 systems

90 days after an Acclaim sale, customers typically enter into a fee-based support contract - 85% of customers covered by support contracts

normally ships systems within 30 days of receiving an order (thus, no significant backlog)



'99 1.2% system revenue decrease due to reclassification of (application, implementation and installation consulting services) that were formerly bundled into system sales in '98 (if not, it would have increased by 3.0%)

repurchased 157,090 shares at a total cost of $1,496,000 in 99Q4 - to date, repurchased an aggregate of 599,990 shares at a total cost of $4,014,000

Regards - Dale
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext