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Technology Stocks : iBasis, Inc.
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To: Jim Oravetz who wrote (119)4/28/2001 9:06:06 PM
From: Madharry  Read Replies (1) of 211
 
I could not find anything positive in the the company's reporting. Gross profit margins are anemic and the reserve for bad debts exceeded the gross profit margin. I guess the most positive thing is that they are not holding their breath . at least they are cutting their workstaff by 15% and hopefully not hiring them all back as consultants.
Yet another show me stock.
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