Prime Response (PRME) Message Board

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Technology Stocks : Prime Response (PRME)

PRME 4.555

-8.0%

Nov 3 3:59 PM EST

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To: Tom Hua who wrote ()	3/18/2000 11:46:00 AM
From: dbmaven	Read Replies (1) of 44

Is anyone concerned about the auditor's opinion in Prime's S1? There's a warning about their viability as a "going concern" - "The accompanying financial statements have been prepared assuming that the company will continue as a going concern.... The Company has incurred losses and negative cash flows from operations since its reorganization in 1997, which raise substantial doubt about the Company's ability to continue as a going concern." Apparently only about 1% of public companies get this type of warning. This, combined with the fact that losses are increasing at a faster pace than revenue growth, makes me nervous about investing in PRME.

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