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 : Elastic Networks: ELAS (Nasdaq) ELAS

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: W. Randy Gast who wrote (118)11/22/2000 12:35:57 PM
From: teevee  Read Replies (1) of 173
 
Randy,
What is really funny is that ELAS is just an equipment manufacturing company that is still losing money. Increasing loses to match increasing sales is not a successful business model. The market is now looking for growth in POSITIVE cash flow, not growth in negative cash flow. Until this company can demonstrate its viability over at least 3 quarters, its stock price will continue to drop. Assuming they cannot change their results, simply divide the cash on hand by the burn rate to determine when they will become bankrupt and delist from the Nasdaq. Tic Toc Tic Toc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext