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 : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AugustWest who wrote (809)1/17/2000 4:20:00 PM
From: David H. Zimmer  Read Replies (1) of 1203
 
Good to see you here Augie. Hope all is well and you are handling the winter weather in stride.

XNS.To, based upon the Canadian system of accounting handles its development costs differently, thus capitalizes costs giving what appears to be positive EPS.

Nonetheless, revenues are the key measurement in comparing the companies. How else would you suggest that BlueGill was bought for $250 million in CKFR shares. It was not a factor of earnings as they will be decretive in nature on the CKFR books.

Would it not be nice if all countries whose stocks trade in the US had to conform to FASB? Facts are they do not and thus you have to look a little deeper into the balance sheet and income statements to get a true picture.

Additionally, the burn rate of cash between INTF and XNS.TO is greatly different. INTF has spent much less to create the same going concern, one which will pay off in spades two to three quarters out.

Again, good to hear from you. My best to you as always.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext