Scientific Measurement Systems (SCMS) 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.

Microcap & Penny Stocks : Scientific Measurement Systems (SCMS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Dorsey who wrote (5162)	1/13/2000 10:50:00 AM
From: Stan Samole	Read Replies (3) of 5557

Here's a little pinch.. The balance sheet rules. This was essentially a bankrupt company with a debt to equity ratio of infinity, a current ratio of a small fraction, and negative net worth. Turning around the balance sheet is wonderful. Too bad it couldn't be accomplished from operations. I'm not sure the asset sale was just 'odds and ends'. I'll look forward to Byron's and others views of the future outlook with what was sold and what remains. After all (here's the pinch), many folks (like me) got in at much, much higher levels, and have a long way to go to break even. I, like some others didn't sell. Not because of devotion ala George, but because it wasn't worth anything. Good news is still good news. Congrats to all. Stan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next