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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: MrBuzz who wrote (2914)1/29/2000 11:55:00 AM
From: WTSherman  Read Replies (1) of 3067
 
<Hey, at least this company made profit (except for the last quarter due to "Y2K" issues)<

??? You mean those pennies they "made" earlier in '99??? Take a look at the five year results for ROSS, the revenue trend, free cash flow and P/L and you might get a better picture. What amazes me about ROSS is that the same management team that produced this record is largely still in place!!

I assume that means one of two things:

1)They know they couldn't get a decent job anywhere else and are going to hang on until the bitter end...

2)They think they're doing just ducky, Vohs is pulling down $.5M a year and he's not a greedy guy, why leave???

There is good news, though. We finally have a distributor in Scotland!!!!! Yipee!!! That aught to mean that we've turned the corner at last. Now, if we could only fill those holes in Lapland, Mongolia, East Timor and Belize this baby will become a rocket!!
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