I think it might be time to relook at NTRO.
Wireless play with exploding revenue growth.
Netro Corporation SELECTED INCOME STATEMENT
(Thousands of U.S. Dollars)
QUARTERS YEAR TO DATE
3M 09/30/98 3M 09/30/99 9M 09/30/98 9M 09/30/99
Revenue 566 5,156 3,839 10,494
Operating Expenses 9,205 12,249 26,477 31,778
Operating Income -8,639 -7,093 -22,638 -21,284
Non-Operating Income 301 102 1,037 556
Non-Operating Expenses -263 0 -681 -552
Income Before Taxes -8,601 -6,991 -22,282 -21,280
Income Taxes 0 0 0 0
Adjustments to Income 0 0 0 0
Inc. for Primary EPS -8,601 -6,991 -22,282 -21,280
Pri/Bas EPS Ex. XOrd -1.179 -0.273 -3.292 -1.992
Disc Opns + Xord Items 0 0 0 0
Pri/Bas EPS In. XOrd -1.179 -0.273 -3.292 -1.992
Primary/Basic Avg Sh 7,294.00 25,613.00 6,748.00 14,081.00
Dilutd EPS Excl XOrd -1.179 -0.273 -3.292 -1.992
Dilutd EPS Incl XOrd -1.179 -0.273 -3.292 -1.992
Flush with cash now:
Netro Corporation SELECTED BALANCE SHEET
(Thousands of U.S. Dollars)
YEAR ENDING QUARTER ENDING
12/31/97 12/31/98 09/30/99
Cash & ST Investments 25,706 15,128 53,954
Receivables 2,157 1,150 5,029
Total Current Assets 32,151 20,836 66,847
LT Investments 0 0 0
Fixed Assets 5,516 5,634 4,644
Total Assets 37,708 26,788 71,743
Accounts Payable 2,870 1,327 4,321
ST Debt & Curr LTD 1,487 3,872 6,341
Total Current Liab. 6,494 8,313 14,842
LT Debt & Cap Leases 4,209 4,547 3,997
Total Liabilities 10,703 12,895 18,892
Preferred Stock 65,437 81,073 0
Common/Paid In Capital 344 1,224 146,562
Retained Earnings -38,776 -67,604 -88,884
Total Equity 27,005 13,893 52,851
Shares Outstanding 8,079 8,530 44,895
And the chart is on a definite uptrend just waiting for volume to return.
Good press lately:
biz.yahoo.com
mike |
