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 : p-com (pcms)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elmer Flugum who wrote (1321)1/27/2000 4:46:00 PM
From: Rob Preuss  Read Replies (1) of 1461
 
Correct me if I'm wrong, but I understand that they
lost $6.6 M ($0.10/sh) and had an extraordinary
gain of $6.0 M during the quarter. So without this
one-time gain, they'd have lost $12.6 M ($0.19/sh).

In the year-ago quarter, they lost $11.7 M which
shows up as a loss of $0.27/sh since they only had
43.5 M shares outstanding at the time. Now they
have 64.7 M shares outstanding.

They're trying hard to turn this company around,
and have made progress by exchanging equity for
reduced debt, but it still seems like they have
a tough upward battle ahead as they face harsh
competition from companies like NTRO, ADAP, DMIC,
Ensemble Communications, Ericsson, and others.
Do they have any new products to introduce soon?

I'd be interested in hearing commentary based on
what's said during the conference call tonight.

Rob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext