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Strategies & Market Trends : The Thread
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To: KevinMark who wrote (32218)2/13/2001 12:19:02 AM
From: Smart_Money  Read Replies (2) of 49816
 
Hello KevinMark, PPRO has one of the most creative accounting "30 million dollar strategic marketing expense" we'll except for CSCO. Very concerning is the Accounts Rec and Payable up by 20 times and Revenue up only 10 times. They say they have 27% margins and will have 150 million cash by year end. COO and the VP of Strategic Development owns 0 shares while Community Baptist Church is a beneficial owner of 10% of outstanding shares (insider info based on very quick DD, does raise eyebrow) Yes, it will go up tomorrow since they raised guidance but if they do not live up to the conference call comments this could be a house of cards.
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